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There are two projects, X and Y. the following probability distribution for the projects are given below (solve with hand written please) PROJECT Y PROJECT
There are two projects, X and Y. the following probability distribution for the projects are given below (solve with hand written please) PROJECT Y PROJECT X Return Prob. Return Prob. Pessimistic 9% 0.25 10% 0.35 Most Likely 16 0.50 17 0.45 Optimistic 22 0.25 25 0.20 a. b. Compute expected rate of return for each project. Compute variance and standard deviation of rate of return for each project. compute the coefficient of variance. Which project should you take? why? c
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