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Problem : Please explain your answers. Roenfeld Corp. believes the following probability distribution exists for its stock. What is the coefficient of variation on the

Problem : Please explain your answers.

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Roenfeld Corp. believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? State of the Economy Boom Normal Recession Probability of State Occurring 0.45 0.50 0.05 Stock's Expected Return 25% 15% 5%

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