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12-8 In its strategic planning meeting, Angbury Corporation estimated there is a 50 percent chance next year's EPS will be $4.00, there is a 40
12-8 In its strategic planning meeting, Angbury Corporation estimated there is a 50 percent chance next year's EPS will be $4.00, there is a 40 percent chance EPS will be $2.50, and there is a 10 percent chance EPS will be -$1.00. Calculate the expected value, standard deviation, and coefficient of variation for Angbury's forecasted EPS. (LO 12-2)
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