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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? Probability Stock's State of
- Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock?
Probability Stock's
State of of State Expected
the Economy Occurring Return
Boom 0.40 25%
Normal 0.20 15%
Recession 0.40 5%
a. 0.2339
b. 0.3069
c. 0.4563
d. 0.5963
e. 0.6813
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