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7 10 DO Problem 13-18 Coefficient of variation and Investment decision (L013-1] Mr. Som Golff desires to invest a portion of his assets in rental

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7 10 DO Problem 13-18 Coefficient of variation and Investment decision (L013-1] Mr. Som Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Palmer Heights and Crenshaw Village. After conferring with the present owners, Mr. Golff has developed the following estimates of the cash flows for these properties. 3014120 e Palmer Heights Yearly Aftertax Cash Inflow (in thousands) Probability $ 50 2.2 55 0.2 70 2.2 85 2.2 90 0.2 Pieces Crenshaw Village Yearly Aftertax Cash Inflow (in thousands) Probability $ 55 60 0.2 70 2.1 88 2.3 a. Find the expected cash flow from esch apartment complex. (Enter your answers in thousands (e.g. $10,000 should be enter as "10").) Expected Cash Flow In thousands) Palmer Heights Crenshaw Vila b. What is the coefficient of varistion for each apartment complex? (Do not round Intermediate calculations. Round your answers to 3 decimal places.) Coefflolant of Variation Palmer High Croshow Village M Graw

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