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Tomcat Oil Company was set up to take large risks and is willing to take the largest risk possible. Hic Construction Company is more typical
Tomcat Oil Company was set up to take large risks and is willing to take the largest risk possible. Hic Construction Company is more typical of the average corporation and is risk averse. Projects A B D Returns: Expected Value $310,000 676,000 163,000 134,000 Standard Deviation $173,000 413,000 120,000 101,000 a-1. Compute the coefficients of variation. (Round the final answers to 2 decimal places.) Coefficient of variation Project A Project B Project c Project D a-2. Which of the following four projects should Tomcat Oil Company choose? O Project D O Project A O Project B O Project C b. Which of the following four projects should Hic Construction Company choose? Project A O Project B Project C O Project D
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