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Mr. John Backster, a retired executive, desires to invest a portion of his assets in rentel property. He has narrowed his choices to wo apartment
Mr. John Backster, a retired executive, desires to invest a portion of his assets in rentel property. He has narrowed his choices to wo apartment complexes. Windy Acres and Hillcrest Apartments. The anticipated annual cath inflows trom each are as foliows a. Find the expected value of the cash foow for each apartment complex. (Enter the answers in thousands.) b. What is the coefficient of varlation for each apartment complex? (Do not round intermediate calculations. Round the final answers to 4 decimal places.) a. Find the expected value of the cash flow for each apartment complex. (Enter the answers in thousands.) b. What is the coefficient of variation for each opartment complex? (Do not round intermediate caiculations. Round the final answers to 4 decimal places.) c. Which aparment complex has more risk? Windy Acres Hillcrest Apartments
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