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show clear working and fomula FINANCIAL MANAGEMENT Question 1 [23] You are the financial manager of Invest More (Pty) Ltd. The company considers investing in
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FINANCIAL MANAGEMENT Question 1 [23] You are the financial manager of Invest More (Pty) Ltd. The company considers investing in a new project with the following information avallable: Possible outcomes Probability Return Optimistic SUS 55% 10% Most probable 35% 8% Not likely 10% 696 Required: 1.1 Calculate the range of returns for this investment. 1.2 Calculate the standard deviation for the returns of this investment 1.3 Calculate the coefficient of variation of returns for this investment. (4) (15) (4) Step by Step Solution
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