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ing An analyst has estimated how a particular stock's return will vary depending on what will happen to the economy. What is the coefficient of

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ing An analyst has estimated how a particular stock's return will vary depending on what will happen to the economy. What is the coefficient of variation on the company's stock? OF THE ECONOMY Recession Below Average Average Above Average Boom PROBABILITY OF STATE OCCURRING 10 8 8 8 8 8 20 40 20 .10 STOCK'S EXPECTED RATE IF THIS STATE OCCURS (.60) (10) 15 .40 90

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