Question
Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.2 22% Normal 0.55 9%
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return |
| Strong | 0.2 | 22% |
| Normal | 0.55 | 9% |
| Weak | 0.25 | -6% |
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations. %
What is the stock's standard deviation? Round your answer to two decimal places. Do not round intermediate calculations. %
What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations.
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
