Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Debra is considering investing in a company's stock and is aware that the
Use the following table of returns and probabilities to determine the coefficient of variation for the investment. (Round answer to 5 decimal places, e.g. 0.07680.)
Probability | Return |
Boom
|
0.2 | 25.00% |
---|---|---|
Good
|
0.4 | 15.00% |
Level
|
0.3 | 10.00% |
Slump
|
0.1 | -5.00% |
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