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Problem 13-6 Coefficient of variation [LO13-1) Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Failure Acceptable Successful Alternative 1

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Problem 13-6 Coefficient of variation [LO13-1) Possible outcomes for three investment alternatives and their probabilities of occurrence are given next. Failure Acceptable Successful Alternative 1 Outcomes Probability 80 0.20 70 0.20 150 0.66 Alternative 2 Outcomes Probability 80 0.40 170 0.40 235 0.20 Alternative 3 Outcomes Probability 90 0.30 290 0.50 390 @.20 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.) Coefficient of Variation Rank Alternative 1 Alternative 2 Alternative 3

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