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Consider the following investment opportunities: Investment U Investment W Expected Profit Probability Expected Profit Probability $ 1 0 2 0 . 1 $ 7 7

Consider the following investment opportunities:
Investment U
Investment W
Expected Profit
Probability
Expected Profit
Probability
$102
0.1
$77
0.2
$58
0.4
$61
0.5
$23
0.5
$36
0.3
For each investment opportunity, find:
(1) Expected Value (EV),
(2) Standard Deviation (SD),
(3) Coefficient of Variation (CV).

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