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An investor has 2 projects the present value of possible outcome and their respective probabilities are as follows; Project B Project C Outcome $ 4,000

An investor has 2 projects the present value of possible outcome and their respective probabilities are as follows;

Project B Project C
Outcome $ 4,000 $ 5,000 $ 1,000 $ 6,000
Probability 0.4 0.4 0.5 0.3

  1. Calculate the Coefficient of Variation
  2. Which of the 2 projects is most risky?

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