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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? (Hint: this requires the
Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? (Hint: this requires the calculation of TWO measures that are used in calculating the coefficient of variation) do it in excle with formula.
State of the Economy | Probability of State Occurring | Stock's expected Return |
Boom | 0.25 | 40% |
Normal | 0.25 | 30% |
Recession | 0.5 | -5% |
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