Deomis 27/07/2020 22:30 21:29 Tous mdia . Hello Mobile @ 10% 20_HE_FT_DG_AC_FMG310_Y3_... Finance Management Dameling Test Page 2 of 6 Damelin QUESTION 1 120 Marks) 1.1 Explain the 3 main decisions in financial management (10) 1.2 Identify and explain the fundamental objective of a financial manager (10) QUESTION 2 a) As an investment advisor, you have been hired to evaluate a portfolio (20 marks) containing shares X and Y. Probability X Return X Probability Y Return Y 0.20 10% 0.20 0% 0.60 15% 0.30 10% 0.20 0.30 20% 0.20 30% Calculate the expected returns and standard deviation of X and Y 20% QUESTION 3 (10 Marks) You wish to travel to Europe in 5 years' time and you will need R 30 000 at the time. If you have R 15 000 what interest rate must you earn each year to reach R 30 000 [Round off final answer to two decimal places) Finance Management Test Page 3 of