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Lowell Inc. faces the following probability distribution: State of Probability of Stock's Expected Return the Economy State Occurringif this State Occurs Boom0.2525% Normal0.5015 Recession0.255 What

Lowell Inc. faces the following probability distribution:

State of Probability of Stock's Expected Return

the Economy State Occurringif this State Occurs

Boom0.2525%

Normal0.5015

Recession0.255

What is the coefficient of variation on the company's stock?(Assume that the standard deviation is calculated using the probability statistic.)

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