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There are two projects, X and Y. the following probability distribution for the projects are given below PROJECT X PROJECT Y Return Prob. Return
There are two projects, X and Y. the following probability distribution for the projects are given below PROJECT X PROJECT Y Return Prob. Return Prob. Pessimistic 9% 0.25 11% 0.35 Most Likely 15 0.50 17 0.45 Optimistic 20 20 0.25 25 0.20 a. b. C. 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. C. Which project should you take?if you are risk averse?risk seeker?
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