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The financial manager of Whakapapa Limited is assessing two investment

proposals, L and P. Proposal L is expected to earn a return of 14%, while Proposal P is expected to earn a return of 16%. If the manager accepts Proposal L and rejects Proposal P, then the risk-return trade-off would imply that:

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Subject: Business, Finance
The financial manager of Whakapapa Limited is assessing two investment proposals, L and P.Proposal L is expected to earn a return of 14%, while...
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