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Mr. Som Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartament complexes. Palmer

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Mr. Som Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartament complexes. Palmer Heights and Crenshaw Village. After conferring with the present owners, Mr. Golf has developed the following estimates of the cash flows for these properties Palmar Heights Yearly Artertax Cash Inflow (in thousands) Probability $100 0.2 105 0.2 120 0.2 135 0.2 140 0.2 Crenshaw Village Yearly Artertax Cash Inflow in thousands) Probability $105 3.2 03 120 a. Find the expected cash flow from each apartment complex. (Enter your answers in thousands (eg. $10,000 should be enter as *10') b. What is the coefficient of variation for each apartment complex? (Do not round intermediate calculations. Round your answers to 3 decimal places.) Coefficient of Variation Palmet Heights Crenshaw Village c. Which apartment complex has more risk? O Palmer Heights O Crenshaw Village

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