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20 Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more

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Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more typical of the average corporation and is risk-averse. Returns: Projects Expected Value A $278,000 B 724,000 C 106,000 D 137,000 Standard Deviation $175,000 483,000 105,000 302,000 a-1. Compute the coefficients of variation. (Round your answers to 3 decimal places.) Coefficient of Variation Project A Project B Project C Project D a-2. Which of the following four projects should Mountain Ski Corp. choose? Project A Project B Project D Project C b. Which one of the four projects should Lakeway Train Co. choose based on the same criteria of using the coefficient of variation? Project D Project A Project B Project C

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