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Assume you are risk-averse and have the following three choices. Expected ValueStandard Deviation A$1,940$1,280 B2,7701,540 C1,9501,320 a. Compute the coefficient of variation for each. (Round

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

Expected

ValueStandard

Deviation

A$1,940$1,280

B2,7701,540

C1,9501,320

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

b.Which project will you select?

Project C

Project A

Project B

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