You have come across the following graph for Fisher and Paykel Healthcare: e The ret...

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You have come across the following graph for Fisher and Paykel Healthcare: e The ret ra FPH Returns vs. NZX50 Index Returns 15% Retumon FPH 1096 596 y = 0.8152x + 0.0234 -105 5% 10% 15% -10% Retum on NZX 50 Index = 8 The manager of your Kiwi Saver Fund expects the fund to earn a rate of return of 14% this year. The beta (B) of the fund's portfolio is 1.20. The rate of return available on risk-free assets is 4% and you expect the rate of return on an NZX50 Index Fund (the market portfolio) to be 10%. Does your KiwiSaver fund offer an attractive expected return? Explain why or why not. Fill in your answer here Maximu

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