=+LG 2 P8–8 Standard deviation versus coefficient of variation as measures of risk Greengage Inc., a successful nursery, is considering several expansion projects. All the alternatives promise to produce an acceptable return. Data on four possible projects follow.

Project Expected return Range Standard deviation A 12.0% 4.0% 2.9%

B 12.5 5.0 3.2 C 13.0 6.0 3.5 D 12.8 4.5 3.0