CHI3 HW 1 port eBook References Problem 13-18 Coefficient of variation and Investment decision [LO13-1] Mr. Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Palmer Heights and Crenshaw Village. After confering with the present owners, Mr. Golff has developed the following estimates of the cash flows for these properties. Yearly Aftertax Cash T (In thousands) Probability $ 00 8.2 65 6.2 40 0.2 95 100 0.2 Crenshaw Village Yearly Aftertax Cash Inflow (in thousands) Probability $65 6.4 0.2 0.1 6.) a Find the expected cash flow from each apartment complex. (Enter your answers in thousands ieg. $10,000 should be enter as 101) Expected Cash Flow in thousands) Paimer Heights $ 80 Crenshaw Vitage 75 $ a Find the expected cash flow from each apartment complex. (Enter your answers in thousands (eg. $10,000 should be enter as Expected Cash Flow in thousands) Patner Heights S 3 Crenshaw Village 76 b. What is the coefficient of variation for each apartment complex? (Do not round Intermediate calculations. Round your answers to 3 decimal places) Coefficient of Variation Palmer Heights Crenshaw Village c. Which apartment complex has more risk? O Palmer Heights O Crenshaw Village