Possible outcomes for three investment alternatives and their probabilities of occurrence are given next.

Alternative 1 Alternative 3 Alternative 3

Outcomes Probability Outcomes Probability Outcomes Probability

Failure 50 .2 90 .3 95 .2

Acceptable 90 .4 190 .3 215 .6

Successful 135 .4 225 .4 380 .2

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

Alternative 2

Alternative 3