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e) CEVA logistics recently is considering investing in a newly formed investing fund after the COVID-19 pandemic. Property investment is a major part of the

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e) CEVA logistics recently is considering investing in a newly formed investing fund after the COVID-19 pandemic. Property investment is a major part of the investment fund and therefore the finance manager justified that the fund's performance will hinge on the economic condition in the upcoming year. Based on the potential economic conditions, calculate the expected rate of return and standard deviation of the anticipated retums. (4 Marks) Boom recession depression recovery Retun 100% 5% -100% 20% Profitability 1096 40 30% 20%

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