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A company believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? (Use 3 decimal points

A company believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? (Use 3 decimal points in your calculations)

Probability Stock's

State of of State Expected

the Economy Occurring Return

Boom 0.35 21.5%

Normal 0.40 14.5%

Recession 0.25 -8.5%

1.078

0.958

0.785

1.051

0.865

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