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Mr. John Backster, a retired executive, desires to invest a portion of his assets in rental property. He has narrowed his choices to two apartment
Mr. John Backster, a retired executive, desires to invest a portion of his assets in rental property. He has narrowed his choices to two apartment complexes, Windy Acres and Hilicrest Apartments. The anticipated annual cash inflows from each are as follows. o. 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 apartment complex? (Do not round intermediate colculations. Round the final answers to 4 decimal places.) o. 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 apartment complex? (Do not round intermediate calculations. Round the final answers to 4 decimal places.) c. Which apartment complex has more risk? Windy Acres Halcrest Apartments
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