E:3

Five investment alternatives have the following returns and standard deviations of returns.

Alternatives Returns:Expected Value StandardDeviation

A $ 1,860 $ 1,150

B 3,180 1,030

C 3,180 820

D 5,100 2,500

E 12,000 910

Calculate the coefficient of variation and rank the five alternatives from lowest risk to the highest risk by using the coefficient of variation.(Round your answers to 3 decimal places.)

Alternatives Coefficient of Variation Rank

A (A,B,C,D,E)

B (A,B,C,D,E)

C (A,B,C,D,E)

D (A,B,C,D,E)

E (A,B,C,D,E)