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Standard Deviationand Coefficientof Variation 7-1.Manager Paul Smith believes an investment project will have the following yearly cash flows with the associated probabilities throughout its life
Standard Deviationand Coefficientof Variation
7-1.Manager Paul Smith believes an investment project will have the following yearly cash flows with the associated probabilities throughout its life of five years. Calculate the standard deviation and coefficient of variation of the cash flows.
IN Microsoft Excel-show work!!
Cash Flows($) Probability of Occurrence
$10,000 .05
13,000 .10
16,000 .20
19,000 .30
22,000 .20
25,000 .10
28,000 .05
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