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Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 1,940 $ 1,280 B 2,770 1,540 C 1,950 1,320
Assume you are risk-averse and have the following three choices. Expected Value Standard Deviation A $ 1,940 $ 1,280 B 2,770 1,540 C 1,950 1,320
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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