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Kia Corp. believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? ( the stock variance
Kia Corp. believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? ( the stock variance of 48.509).
Economy, Probability, Expected return
Boom | 0.19 | 25% |
Normal | 0.50 | 15% |
Recession | 0.31 | 5% |
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