Question 1 (a) Amalina wants to make her first investment. She has three following alternatives for investing that money: i. A YTL bond selling in the market at RM900. The bond has a RM1,000 par value, pays coupon interest at 3 percent per annum and schedules to mature in 20 years. ii. AYTC preferred share has a RM100 par value that sells for RM50 and pays an annual dividend of RM4. iii. AYTK common share is selling for RM30 with a par value of RM5. This share paid a dividend of RM2.10 per share last year and has a projected constant growth rate of 8 percent. The required rates of return for these investments are 4 percent for the bond and the preferred share. Meanwhile, 15 percent for the common share. Based on the information given, calculate the value of each investment. (10 marks) (b) Given the following information on Delima Sdn Bhd investments: Probability (Pi) Return (RJ) Economic situation Peak Normal 0.10 0.25 0.30 0.13 Recession 0.30 -0.05 Recovery 0.30 0.01 1. Expected return (5 marks) ii. Standard deviation (7 marks) iii. Coefficient of variation (3 marks) Calculate