Mr Leow is evaluating two (2) alternative investments. The possible cash inflows and the probabilities of outcomes are as follows: Economic Condition Project A Probability Cash Flows (RM) 0.50 1,200 0.50 550 Project B Probability Cash flows (RM) 0.60 1,500 0.40 450 Growth Depression The standard deviation for project A and project B are 133 and 190 respectively. a. Calculate the following for each project: i. ii. Expected return Coefficient of variation (4 marks) b. If Mr Leow is a risk taker, which project will he choose. (1 mark)