Ark Investment is considering two securities, A and B with the following historic performance

Year	Asset A	Asset B
2005	14%	-9%
2006	14%	18%
2007	16%	-6%
2008	17%	25%
2009	17%	12%
2010	19%	10%

a) Calculate the average returns of both securities over the six years and comment on the results. (4marks)

b) Through the visualization of the returns of both securities, which one is more risker and why? (4 marks)

c) Discuss any benefits of diversification if you were to combine the two securities in a portfolio.(2 marks)

d) If you had invested M100,000.00 in security A in 2010 and your capital gain was 15%, how much would the dollar return be? (5 marks)