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

Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Alternative 1 Outcomes Probability 40 0.20 0.40 60 120 0.40 Failure Acceptable Successful Alternative 1 Alternative 2 Alternative 3 Coefficient of Variation Alternative 2 Outcomes Probability 90 0.40 180 0.20 240 0.40 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.) Rank Alternative 3 Outcomes Probability 90 0.30 280 415 0.50 0.20