Problem 9-34 Risk, Return, and Their Relationship (LG9-3, LG9-4)

Consider the following annual returns of Molson Coors and International Paper:

	Molson Coors			International Paper
Year 1		24.3	%		6.1	%
Year 2		10.0			19.1
Year 3		44.5			0.9
Year 4		10.1			28.2
Year 5		17.8			12.7

Compute each stocks average return, standard deviation, and coefficient of variation. (Round your answers to 2 decimal places.)

	Molson Coors		International Paper
Average return	%		%
Standard deviation	%		%
Coefficient of variation

Which stock appears better?

	International Paper
	Molson Coors