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Stocks Goforit and Best2BSure have the following probability distribution of expected returns: Probability Stock Goforit Stock Best2BSure 25% -3% - 5% 40% 7% 12% 35%

Stocks Goforit and Best2BSure have the following probability distribution of expected returns:

Probability Stock Goforit Stock Best2BSure

25% -3% - 5%

40% 7% 12%

35% 8% 17%

Required:

  1. Calculate the Expected Return, Standard Deviation and Coefficient of Variation for each stock.
  1. Which stock would you invest recommend for investment? Why?

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