Que-2 Vishal who has an amount of Rs. 1 lakh is planning to invest it among three companies: Equity shares in company A, B and C. The payoffs in terms of (i) growth in capital and (ii) returns on the capital are known for each of the investments under each of the three economic conditions which may prevail, that is recession, growth and stability. Assuming that Vishal must make his choice among the three portfolios for a period of one year in advance, his expectations of the net earnings (in'000 Rs) of his Rs. 1 lakh portfolio after one year is represented by the following matrix: Economic Condition Company Recession Stability Growth A -15 6 10 8 4 7.5 6.5 6 16 Page 1 of 4 Scanned by CamSc on x Marks Determine the optimal strategies for investment and the expected present return for the investor under such a policy (10) Que-2 Vishal who has an amount of Rs. 1 lakh is planning to invest it among three companies: Equity shares in company A, B and C. The payoffs in terms of (i) growth in capital and (ii) returns on the capital are known for each of the investments under each of the three economic conditions which may prevail, that is recession, growth and stability. Assuming that Vishal must make his choice among the three portfolios for a period of one year in advance, his expectations of the net earnings (in'000 Rs) of his Rs. 1 lakh portfolio after one year is represented by the following matrix: Economic Condition Company Recession Stability Growth A -15 6 10 8 4 7.5 6.5 6 16 Page 1 of 4 Scanned by CamSc on x Marks Determine the optimal strategies for investment and the expected present return for the investor under such a policy