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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Venture capital and the finance of innovation
Authors: Andrew Metrick
2nd Edition
9781118137888, 470454709, 1118137884, 978-0470454701
