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Coca-Cola recently developed and implemented new Freestyle machines. These beverage machines replace the traditional dispensers in restaurants and allow customers unlimited combinations of drinks. Suppose
Coca-Cola recently developed and implemented new Freestyle machines. These beverage machines replace the traditional dispensers in restaurants and allow customers unlimited combinations of drinks. Suppose that the price of Coca-Cola stock in the next year will depend on consumer response to these new machines. Let's assume that the current price of Coca-Cola is $60.00 per share. Below are projected Coca-Cola share values based on how the project responds: OUTCOME Average Response Positive Response PROBABILITY 0.30 0.70 SHARE PRICE $57.00 $67.00 What is the standard deviation for Coca-Cola returns next year
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