2. Tony is the first-time investor, and wants to be conservative. He asks your advice,...

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Finance

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2. Tony is the first-time investor, and wants to be conservative. He asks your advice, that he want to invest his $20,000.00 in only one asset. You provide Tony with two good stocks: N, and Q. Both of the firm's stocks provide some return with certain risk level, and both firms also perform well in Thai Economy over the past 7-10 years. Which stock should Tony select? (6 points) Economy Probability Stock N Stock Q Boom 20.0% 13.0% 15.0% Good 35.0% 10.0% 20.0% Poor 25.0% 3.0% 12.0% Recession 20.0% -4.0% -7.0% Stock Stock E(r)N ErQ ON Q ON Q CVN CV

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