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Karamos Shoe Stores Incorporated is considering opening an additional suburban outlet. An aftertax expected cash flow of $140 per week is anticipated from two stores

Karamos Shoe Stores Incorporated is considering opening an additional suburban outlet. An aftertax expected cash flow of $140 per week is anticipated from two stores that are being evaluated. Both stores have positive net present values.

Site A Site B
Probability Cash Flows Probability Cash Flows
0.1 $ 90 0.2 $ 30
0.3 140 0.2 70
0.4 150 0.1 140
0.2 145 0.3 180
0.2 260
  1. Compute the coefficient of variation for each site.

Note: Do not round intermediate calculations. Round your answers to 3 decimal places.

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