ABC company would like to open a new branch in the USA. They need to decide between two locations: New York or LA. Sara has completed a scenario analysis for two locations. The bank only has enough capital to open one branch. Compute the expected NPV, Standard deviation, and the coefficient for each location and provide the bank with a recommendation concerning the bank's new location.

New York:

Scenario	Probability	Net Revenue	Operating expenses	NPV
Worst Case	20%	105	75	(93,101.20)
Base Case	55%	150	60	230,250.00
Best Case	25%	195	50	425,523.64

LA:

Scenario	Probability	Net Revenue	Operating expenses	NPV
Worst Case	40%	95	65	(96,355.00)
Base Case	45%	100	50	170,425.64
Best Case	15%	145	35	323,952.47

1. What are the expected NPVs?
2. What is the standard deviations of the NPVs?
3. What is the coefficient of variations?