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Possible outcomes for three investment alternatives and their probabilities of occurrence are given next Failure Acceptable Successful Alternative 1 Outcomes Probability 60 0.28 60 0.40

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Possible outcomes for three investment alternatives and their probabilities of occurrence are given next Failure Acceptable Successful Alternative 1 Outcomes Probability 60 0.28 60 0.40 130 0.40 Alternative 2 Outcomes Probability 70 0.20 220 0.40 240 0.40 Alternative 3 Outcomes Probability 80 9.20 250 0.60 415 2.29 Using the coefficient of variation, rank the three alternatives in terms of risk from lowest to highest. (Do not round intermediate calculations. Round your answers to 3 decimal places.) Coefficient of Variation Rank Alternative 1 Alterative 2 Alterative 3

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