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Cheng Inc. is considering a capital budgeting project that has an expected return of 2 5 % and a standard deviation of 3 0 %

Cheng Inc. is considering a capital budgeting project that has an expected return of 25% and a standard deviation of 30%. What is the project's coefficient of variation? Do not round your intermediate calculations. Round the final answer to 2 decimal places.
Question 2 options:
1.03
1.08
1.20
1.25

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