Question 1 (a) Mr. Rafique Azizan had been appointed as finance director of Extreme Broadband...

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Finance

Question 1

(a) Mr. Rafique Azizan had been appointed as finance director of Extreme Broadband Berhad. He is required to advise the board of management on the investment plan to be taken. The choices are either in Asia Media Group Berhad or Astro Malaysia Holdings Berhad. The annual historical share prices for both companies are as follows:

Date

ASIA MEDIA (0159)

ASTRO (6399)

31/12/2020

6.75

4.48

31/12/2019

6.55

4.21

31/12/2018

6.68

4.39

31/12/2017

6.94

4.22

31/12/2016

6.63

4.15

31/12/2015

6.56

4.41

Based on the coefficient of variation for Asia Media Group Berhad and Astro Malaysia Holdings Berhad, determine the preferable company that Mr Rafique Azizan should suggest to Extreme Broadband Berhad.

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