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Cheng Inc. is considering a capital budgeting project that has an expected return of 30% and a standard deviation of 36%. What is the project's

Cheng Inc. is considering a capital budgeting project that has an expected return of 30% and a standard deviation of 36%. What is the project's coefficient of variation? Do not round your intermediate calculations. Round the final answer to 2 decimal places.

a. 0.20
b. 1.20
c. 0.83
d. 1.83
e. 1.80

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