ck X has a 9.5% expected teturn, a beta coefficient of 0.8, and a 35% standard devation of expected returns, Stock Y has a 12.5% expected return, a beta coefficient of 1.2, and a 302 ndard deviation. The risk-free rate is 6%, and the market risk premium is 5%. a. Calculate each stock's coefficient of variatich. Do not round intermediate calculations. flound your answers to two decimal places. b. Which stock is niker for a diverufied investor? 1. For divervied investom the relevant nisk is measured by standard devation of expected returna. Therefoce, the stock with the higher standard deviation of expected returns is riskee Stock X has the higher standard deviation so it is nsker than Stock Y, II. For diversified investors the relevant risk is measured by beta. Thetefore, the stock with the lower beta is risker. Stock has the lower beta so it is riskier than Stock Y. 11. For diversified investors the relevant risk is measured by standard devation of expected returns. Therefore, the stock with the lower standard deviation of expected return wa niskier. Stock Y has the lower standard deviation so it is risker than Stock X. N. For diversfied investars the eelevont nsk is measured by beta. Therefore, the stock with the higher beta is less risky. Stock y has the higher beta wo it is less nisky than 5tock x. V. For diversfied investors the relevant nisk is messured by beta. Therefore, the stock with the higher beta is nikier. Stock Y has the higher beta so it is risker than Stock X. ciciculate each wooks tequired tate of ietum. flound your answers to ofe decima place