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Trepid Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Returns Standard Deviation $ 6,470 2,460 23,900 21,500 Investments Expected Value

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Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Returns Standard Deviation $ 6,470 2,460 23,900 21,500 Investments Expected Value Buy stocks Buy bonds Buy commodity futures Buy options $ 9,010 7,030 26,800 21,200 a-1. Compute the coefficients of variation. (Round your answers to 3 decimal places.) Coefficient of Variation Buy stocks Buy bonds Buy commodity futures Buy options 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 options Buy commodity futures

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