Question 1 You are required to answer the following questions: a. Project Mata Air is forecasted to produce the following: a 30% probability of 11% return; a 40% probability of a 15% return; and a 30% probability of 19% return. What is the expected rate of return (k^) for this project? (2 marks) b. Project Air Mata is forecasted to produce the following: a 20% probability of 5% loss; a 30% probability of a 6% return; and a 50% probability of 22% return. What is the expected rate of return (k^) for this project? (2 marks) c. From your answer in part (a) and (b), compute the standard deviation (2) for each project. (3 marks) d. You need to decide to only invest in ONE project. Based on your findings from part (a), (b) and (c), which project that you will be investing to? Explain your answer. (3 marks) (Total: 10 marks)