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Problem 13-18 Coefficient of variation and investment decision [LO13-1] Mr Sam Golff desires to invest a portion of his assets in rental property. He has

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Problem 13-18 Coefficient of variation and investment decision [LO13-1] Mr Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Paimer Heights and Crenshaw Village After conferning with the present owners, Mr. Golff has developed the following estimates of the cash flows for these properties Plker Heights Yearly Aftertax Cash Inflow (in thousands) $130 Probability 0.1 135 0.2 150 0.4 165 0.2 170 0.1 Crenshaw Village Yearly Aftertax cash Inflow (in thousands) $135 140 150 100 4.1 a. Find the expected cash flow from each apartment complex. (Enter your answers in thousands (e.g. $10,000 should be enter es "10")) Expected Cash Flow fin thousands Palmer Heights Costa Vane Palmer Heights Crenshaw Vitage b. What is the coefficient of variation for each apartment complex? (Do not round Intermediate calculations. Round your answers to 3 decimal places) Coefficient of Variation Palmer Heights Crenshaw Village D c. Which apartment complex has more risk? O Palmer Heights Probability 0.2 0.3 0.4 Crenshaw Village

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