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Rosenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? Do not round your

Rosenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? Do not round your intermediate calculations.

State of the Economy

Probability of State Occurring

Stock's Expected Return

Boom

0.40

27%

Normal

0.40

16%

Recession

0.20

5%

0.45

0.53

0.55

0.58

0.48

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