Question
Kyles Shoe Stores Inc. is considering opening an additional suburban outlet with the following data: Probability NPV .3 80 .3 130 .1 160 .3 170
Kyles Shoe Stores Inc. is considering opening an additional suburban outlet with the following data:
Probability NPV
.3 80
.3 130
.1 160
.3 170
What is the coefficient of variation for the new outlet? Round intermediate calculations and the answer to the hundredth place.
If a second possible outlet has a coefficient of variation of .50, would you prefer this second outlet over the first outlet considered? Enter yes or no.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
