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22) Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 2,780 $ 1,880 B 2,660 1,320 C 1,910
22)
| Assume you are risk-averse and have the following three choices. |
| Expected Value | Standard Deviation | |||||
| A | $ | 2,780 | $ | 1,880 | ||
| B | 2,660 | 1,320 | ||||
| C | 1,910 | 1,010 |
| a. | Compute the coefficient of variation for each.(Round your answers to 3 decimal places.) |
| Projects | Coefficient of Variation |
| A | |
| B | |
| C |
| b. | Which project will you select? | |||
|
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
