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Assume you are risk-averse and have the following three choices. Expected Value A$2,170 B2,990 C1,810 Standard Deviation A$1,180 B$920 C $580 a. Compute the coefficient

Assume you are risk-averse and have the following three choices.

Expected

Value

A$2,170

B2,990

C1,810

Standard

Deviation

A$1,180

B$920

C $580

a.Compute the coefficient of variation for each.(Round your answers to 3 decimal places.)

b.Which project will you select?

Project C

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