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Exam 3 - Chapters 9-13 instructions I help Question 65 (of 66) Save & Ext Submit value: 2.00 points You did not receive full credit
Exam 3 - Chapters 9-13 instructions I help Question 65 (of 66) Save & Ext Submit value: 2.00 points You did not receive full credit for this question in a previous attempt Problem 13-18 Coefficient of variation and investment decision [LO13-1 Mr. Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Palmer Heights and Crenshaw Village. After conferring with the present owners, Mr. Golff has developed the following estimates of the cash flows for these properties. Palmer He Yearly Aftertax Cash Inflow Probability .2 .2 .2 in thousands) S 50 70 85 90 .2 Crenshaw Village Yearly Aftertax Cash Inflow in thousands) S 55 60 70 80 Probability .2 a. Find the expected cash flow from each apartment complex. (Enter your answers in thousands (e.g, $10,000 should be enter as "10").) Expected Cash Flow (in thousands) Palmer HeightsS Crenshaw Village S 90 85 b. What is the coefficient of variation for each apartment complex? (Do not round intermediate calculations. Round your answers to 3 decimal places.) Coefficient of Variation Palmer Heights Crenshaw Village 17.560 9.110
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