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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
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 | Probability of State Occurring | Stock's Expected Return |
| Boom | 0.11 | 25% |
| Normal | 0.50 | 15% |
| Recession | 0.39 | 5% |
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
