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Lowell Inc. faces the following probability distribution: State of Probability of Stocks Expected Return the Economy State Occurring if this State Occurs Boom 0.25 25%

Lowell Inc. faces the following probability distribution: State of Probability of Stocks Expected Return the Economy State Occurring if this State Occurs

Boom 0.25 25%

Normal 0.50 15

Recession 0.25 5

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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