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a) Expectation of return has to alternatives, Liquidity preference and abnormal retune to be satisfied. Which one do you prefer? Justify your opinion. ( 5

a) Expectation of return has to alternatives, Liquidity preference and abnormal retune to be satisfied. Which one do you prefer? Justify your opinion. ( 5 marks )

b) As a rational investor in which process would you like to utilize for your investment decision? ( 5 marks )

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