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Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation of Roenfeld stock? (Showing work/calculation is mandatory. The
Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation of Roenfeld stock? (Showing work/calculation is mandatory. The final answer alone is NOT acceptable.)
State of the Economy Probability of State Occurring Stock's Return Boom 0.20 20% Normal 0.50 10% Recession 0.30 5%
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