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Question 4 [34] A group of friends wants to jointly invest in a portfolio of ordinary shares. The group identified three individual companies from which
Question 4 [34] A group of friends wants to jointly invest in a portfolio of ordinary shares. The group identified three individual companies from which they want to select two for their investment portfolio. The companies are Travelcorp Ltd, Marine Logistics (Pty) Ltd and Globe Exploration Ltd. The group requires a return on investment of 16.5% and they consider themselves as rational yet conservative investors. The group members collected the following data for purposes of assessing the expected returns and risks associated with these investments: Company Expected return Standard deviation Travelcorp 17.2% 3.5% Global Exploration 18.3% 4.2% Marine Logistics 17.2% 1.5% Page 5 of Assignment
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