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Right click and open image in new tab. Coefficient of variation Metal Manufacturing has isolated four alternatives for meeting its need for increased production capacity.

image text in transcribedRight click and open image in new tab.

Coefficient of variation Metal Manufacturing has isolated four alternatives for meeting its need for increased production capacity. The following table summarizes data gathered relative to each of these alternatives, a. Calculate the coefficient of variation for each alternative. b. If the firm wishes to minimize risk, which alternative do you recommend? Why? Data Table in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Alternative Expected return 19% 23% 18% 13% Standard deviation of return 8.2% 9.7% 6.3% 4.3% Print Done

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