Alternate & Co is attempting to choose the best of three alternatives asset investment K, F, and C each requiring an initial investment of RM100,000 and all having most likely, optimistic and pessimistic rate ACCA 501 BUSINESS ACCOUNTING & FINANCE 3. (5 x 4 marks - 20 marks) of return as shown in the table below. Calculate the following from the data given below. i. Expected rate of return for Asset K, F&C ii. Variance for Asset K, F&C iii. Standard deviation for Asset K, F&C iv. Coefficient of variation for Asset K, F &C State which of the asset is more risky? V. Asset K RM100,000 Annual Rate of Return this Initial Investment Possible Outcomes Pessimistic Most Likely Optimistic Probability of event occurring 0.15 0.55 0.30 1.0 Asset F RM100,000 Annual Rate of Return 9 13 10 Asset C RM100,000 Annual Rate of Return 8 12 9 11 9