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Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Returns: Expected Investments Value Standard Deviation Buy stocks $ 9,400 $

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Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Returns: Expected Investments Value Standard Deviation Buy stocks $ 9,400 $ 5,670 Buy bonds 7,050 2,590 Buy commodity futures 26,100 30,900 Buy options 21,500 22,000 a-1. Compute the coefficients of variation. Note: Round your answers to 3 decimal places. Coefficient of Buy stocks Buy bonds Buy commodity futures Buy options Variation a-2. Which one of the following four investments should Tim choose? Buy bonds Buy stocks Buy commodity futures Buy options b. Which one of the four investments should Mike choose? Buy bonds Buy stocks Buy commodity futures Buy options

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