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Problem 13-13 (modified) Possible outcomes for three investment alternatives and their probabilities of occurrence are given below. Alternative 1 Outcomes Probability Failure $ 60 0.20

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Problem 13-13 (modified) Possible outcomes for three investment alternatives and their probabilities of occurrence are given below. Alternative 1 Outcomes Probability Failure $ 60 0.20 Acceptable 80 0.20 Successful 120 0.60 Alternative 2 Outcomes Probability $ 80 0.40 170 0.40 230 0.20 Alternative 3 Outcomes Probability $ 80 0.30 250 0.60 430 0.10 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.) Coefficient of Variation Alternative 1 Alternative 2 Alternative 3 Least risky 1 Most risky Alternative (Click to select) (Click to select) Alternative 2 Alternative 1 Alternative 3

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