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Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.20 22% Normal 0.55 10%
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
State of Economy | Probability | Rate of return | |
Strong | 0.20 | 22% | |
Normal | 0.55 | 10% | |
Weak | 0.25 | -5% |
a. What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places.
_______ %
b. What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.
_______ %
c. What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.
_______
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