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Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $160 per day (expected value) is projected for each of

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Mary Beth Clothes is considering opening an additional suburban outlet. An aftertax cash flow of $160 per day (expected value) is projected for each of the two locations being evaluated. Site A Probability Cash Flows 0.20 $70 0.20 160 0.30 170 0.30 210 Site B Probability Cash Flows 0.10 $50 0.20 80 0.20 160 0.40 210 0.10 230 Expected value $160 Expected value $160 a. Compute the coefficient of variation for each site. (Do not round intermediate calculations. Round the final answers to 4 decimal places.) Coefficient of variation Site A Site B 1

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