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The table below describes the expected return and the standard deviation of the return for Franchises A and B: Franchise A ($MM) Franchise B ($MM)

The table below describes the expected return and the standard deviation of the return for Franchises A and B:

Franchise A ($MM)

Franchise B ($MM)

Expected Return

26

24

Standard Deviation

17

10

The Franchise A is _____ the Franchise B in terms of coefficient of variation (CV).

less risky than

as risky as

riskier than

None of the above.

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