Evaluating risk and return a. Calculate each stock's coefficient of variation. Round your answers to two decimal places. Do not round intermediate calculations. Cvx=Cvy=W$ b. Which stock is riskier for a diversified investor? I. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the lower beta is more risky. Stock X has the lower beta so it is more risky than Stock Y. deviation so it is more risky than Stock X. III. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the higher beta is less risky. Stock Y has the higher beta so it is less risky than Stock X. IV. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the higher beta is more risky. Stock Y has the higher beta so it is more risky than Stock X. standard deviation so it is more risky than Stock Y. rp=% f. If the market risk premium increased to 6%, which of the two stocks would have the larger increase in its required return