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General Meters is considering two mergers. The first is with Firm A in its own volatile industry, the auto speedometer industry, while the second
General Meters is considering two mergers. The first is with Firm A in its own volatile industry, the auto speedometer industry, while the second is a merger with Firm B in an industry that moves in the opposite direction (and will tend to level out performance due to negative correlation). General Meters Merger with Firm A Possible Earnings ($ in millions) $ 10 40 70 Probability 0.40 0.20 0.40 General Meters Merger with Firm B Mean Standard deviation Coefficient of variation Possible Earnings ($ in millions) $ 10 40 70 a. Compute the mean, standard deviation, and coefficient of variation for both investments. (Do not round intermediate calculations. Enter your answers in millions. Round "Coefficient of variation" to 3 decimal places and "Standard deviation" to 2 decimal places.) Probability 0.35 0.30 0.35 Merger A Merger B
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