An investor plans to buy an asset at an initial cost of $2,122,578. The investor believes that at the end of one year, the asset could have four possible values. These values and probabilities are provided in the table below. Scenario Expected value Probability A 1,888,500 25% B 2,377,100 40% C 2,418,500 25% D 2,624,700 10% Required 3. In dollars and cents, what is the expected value ofthe asset in 1 year? (1 mark) b. In percentage terms to 2 decimal places, what is the expected return on the asset? c. In percentage terms to 2 decimal places, what is the expected standard deviation ofthe return of the asset? mark) d. What is the coefficient of variation of this portfolio? (1 mark) Consider the following after-tax cash flows for two mutually-exclusive pro' Assume an 18.25% p.a. discount rate applies to all projects Required a. Calculate the NPV for each project to 2 decimal places. b. Which project will you accept? Why? ects. (Note: number in red are negative) Year Project A Project B 0 40,750,000 6,060,000 '1 2,500,000 1,250,000 2 2,755,000 2,100,000 3 3,850,000 2,650,000 4 5,655,000 3,085,000 5 6,545,000 3,945,000 (6 marks) (i mark)