Problem 13-8 Coefficient of variation [LO1]

Five investment alternatives have the following returns and standard deviations of returns.

Alternatives	Returns: Expected Value			Standard Deviation
A	$ 1,980			$ 970
B	820			1,190
C	12,700			3,100
D	1,140			630
E	62,700			14,100

Calculate the coefficient of variation and rank the five alternatives from lowest risk to the highest risk by using the coefficient of variation. (Round your answers to 3 decimal places.)

Alternatives	Coefficient of Variation	Rank
A		(Click to select)ABCDE
B		(Click to select)ABCDE
C		(Click to select)ABCDE
D		(Click to select)ABCDE
E		(Click to select)ABCDE