Question
A stock has an expected return of 0.11 and a variance of 0.22. What is Its coefficient of variation? Please provide all the steps: The
A stock has an expected return of 0.11 and a variance of 0.22. What is Its coefficient of variation?
Please provide all the steps: The to this questions is
cov = std dev/mean
= sqrt (0.22)/0.1 = 4.69
But whe I divide 0.22/0.1 is giving me 2.20. Please tell me what I am doing wrong
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
