Q. 1. Your investment has a 20% chance of earning a 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance of losing 6%. What is your expected return on this investment? Q.2. Your investment has a 35% chance of earning a 15% rate of return, a 55% chance of earning a 10% rate of return, and a 10% chance of losing 4%. What is the risk (standard deviation) of this investment? Q.3. A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year, the risk-free rate was 5% and major equity indices performed very badly, providing returns of about 30%. The portfolio manager produced a return of 10% and claims that in the circumstances it was good. Discuss this claim. Q.4. The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $35 B 300,000 $40 C 400,000 $20 D 600,000 $25 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $30,000. There are 4 million shares outstanding. What is the net asset value of the fund?