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Cardi B has just been appointed as an investment analyst for PSG wealth, her supervisor has provided her with the following data for two possible

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Cardi B has just been appointed as an investment analyst for PSG wealth, her supervisor has provided her with the following data for two possible investments, namely the DUA LIPA TRUST and the ADELE FUND (E(X)=R1300;=4500). The investments have the same three possible payoffs. Cardi has been tasked with advising a list of celebrities on the best possible choices. The table below shows the possible payoffs each with its own probability. 3.1 By helping Cardi B, calculate the expected value and standrad deviation of (3) 3.1 Deur Cardi B te help, bercken die the DUA LIPA UNIT TRUST. verwagte waarde en standaardafwyking (3) van die DUA LIPA UNIT TRUST. 3.2 If Cardi's client was considered a risk- 3.2 As Cardi se klint as h risiko- (1) advise to investment in and why? liefhebbende individu beskou word, watter opsie sou sy aanbeveel om in te bel en hoekom

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