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If a stock's expected rate of retrun is 20% and its standard deviation is 5%, its coefficient of variation would be 4. (Hint: The formula
If a stock's expected rate of retrun is 20% and its standard deviation is 5%, its coefficient of variation would be 4.
(Hint: The formula to calculate the coefficient of variation can be found on Chapter 8 PowerPoint Slide #15, #22 or textbook page 325.)
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