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Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more typical
Mountain Ski Corp. was set up to take large risks and is willing to take the greatest risk possible. Lakeway Train Co. is more typical of the average corporation and is risk-averse Returns: Expected Value $338,000 763,000 107,000 148,000 Projects $143,000 458,000 101,000 284,000 a-1. Compute the coefficients of variation. (Round your answers to 3 decimal places.) Coefficient of Variation Project A Project B Project C Project D a-2. Which projects should Mountain Ski Corp. choose? Project A Project B Project D Project C b. Which one of the four projects should Lakeway Train Co. choose based on the same criteria of using the coefficient of variation? Project B Project A Project C Project D
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