Acton Spurell's common stock is currently selling for $20 per share. Security analysts at Blimey have assigned the following probability distribution to the price of (and rate of return on) Acton Spurell's stock one year from now:

Price

Rate of Return

Probability

$16

-20%

0.25

20

0%

0.30

24

+20%

0.25

28

+40%

0.20

Assuming that Acton Spurell is not expected to pay any dividends during the coming year, determine the coefficient of variation for the rate of return on Acton Spurell's stock.

Question 7 options:

0.0

2.68

0.275

2.07

3.61

I need help on this one