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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 40 0.20 75 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 40 0.20 75 0.40 110 0.40 Alternative 2 Outcomes Probability 70 0.30 180 0.30 240 0.40 Alternative 3 Outcomes Probability 80 @.20 210 0.60 420 0.20 Using the coefficient of variation, rank the three alternatives in termshaf risk from lowest to highest. (Do not round intermediat calculations. Round your answers to 3 decimal places.) Coefficient of Variation Rank Alternative 1 Alternative 2 Alternative 3

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