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Given the following probability distribution for assets x and y, compute the expected rate of return, variance, standard deviation, and coefficient of variation for the
Given the following probability distribution for assets x and y, compute the expected rate of return, variance, standard deviation, and coefficient of variation for the two assets. Which asset is a better investment?
X Y
Return Prob. Return Prob.
8% 0.10 10% 0.25
9 0.20 11 0.35
11 0.30 12 0.40
12 0.40
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