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Timeless Corporation is considering an investment in one of two asset. Each requires an initial investment of RM15,000. The financial manager has estimated the return
Timeless Corporation is considering an investment in one of two asset. Each requires an initial investment of RM15,000. The financial manager has estimated the return based on each investment's normal, best and worst outcomes. Below table shows the probability of getting the annual rate of return for each asset based on three different conditions. For each asset, calculate: i. Expected Return. ii. Risk.|
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