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General Meters is considering two mergers. The first is with Firm A in its own volatile industry, the auto speedometer industry, while the second is

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General Meters is considering two mergers. The first is with Firm A in its own volatile industry, the auto speedometer industry, while the second is a merger with Firm B in an industry that moves in the opposite direction (and will tend to level out performance due to negative correlation) General Meters Merger General Meters Merger with Fim A with Fir B Possible Possible Earnings Earnings (sin (5 in millions) Probability millions) Probability $40 2.30 $ 40 0.25 50 0.40 50 8.50 60 8.30 60 0.25 a. Compute the mean, standard deviation, and coefficient of variation for both investments. (Do not round intermediate calculations. Enter your answers in millions. Round "Coefficient of variation" to 3 decimal places and "Standard deviation to 2 decimal places.) Merger A Merger Maan Standard deviation Coefficient of variation DRE

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