Mr. Rafique Azizan had been appointed as finance director of Extreme Broadband Berhad. He is required to (а) 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 ASTRO (0159) (6399) 31/12/2020 31/12/2019 6.75 4.48 6.55 4.21 31/12/2018 6.68 4.39 31/12/2017 31/12/2016 31/12/2015 6.94 4.22 6.63 4.15 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.
Mr. Rafique Azizan had been appointed as finance director of Extreme Broadband Berhad. He is required to (а) 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 ASTRO (0159) (6399) 31/12/2020 31/12/2019 6.75 4.48 6.55 4.21 31/12/2018 6.68 4.39 31/12/2017 31/12/2016 31/12/2015 6.94 4.22 6.63 4.15 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.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:(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
ASTRO
(0159)
(6399)
31/12/2020
31/12/2019
31/12/2018
31/12/2017
6.75
4.48
6.55
4.21
6.68
4.39
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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