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Possible outcomes for three investment alternatives and their probabilities of occurrence are given below. Alternative 1 Alternative 2 Alternative 3 Outcomes Probability Outcomes Probability Outcomes

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

Alternative 1 Alternative 2 Alternative 3
Outcomes Probability Outcomes Probability Outcomes Probability
Failure $ 60 0.40 $ 70 0.20 $ 70 0.30
Acceptable 90 0.20 165 0.40 220 0.50
Successful 120 0.40 250 0.40 395 0.20

Rank the three alternatives in terms of least risk to most risk. (Do not round intermediate calculations. Round the final answers to 3 decimal places.)

Rank Coefficient of Variation
(Click to select) Alternative 2 Alternative 1 Alternative 3
(Click to select) Alternative 2 Alternative 1 Alternative 3
(Click to select) Alternative 2 Alternative 1 Alternative 3

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