Question
The following probability distributions of returns for two stocks have been estimated: Probability Stock X Stock Y 0.2 -4% -5% 0.5 8% 2% 0.3 6%
The following probability distributions of returns for two stocks have been estimated:
Probability Stock X Stock Y
0.2 -4% -5%
0.5 8% 2%
0.3 6% 3%
What is the coefficient of variation for the stock that is less risky (use the coefficient of variation to rank riskiness) and explain why do you think is least risk?
please help with excel step-by-step (detailed) much appreciated.
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
