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B. Aishah Abdullah recently won RM2 million from the Bank Simpanan Nasional Sijil Simpanan Premium...

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Finance

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B. Aishah Abdullah recently won RM2 million from the Bank Simpanan Nasional Sijil Simpanan Premium (BSN SSP) special draw. The 61-year-old civil servant pensioner from Jitra, Kedah could not believe her fortune when she found she had won BSN SSP's December 2020 special draw pick. With the cash prize, she is considering investing either in Asset P or Asset Q. After analyzing the firm's annual report and other material, Aishah believes that the distribution of expected rates of return is as follows: 0.35 Probability Return Asset P Return Asset Q 0.30 8% 10% 0.25 18% 16% 7% 5% 0.10 3% 1.5% iii. Compute the coefficient of variation for asset P and Q. (2 marks) iv. Based on the above calculation, explain which asset should be preferred. (1 mark)

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