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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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