USE FINANCIAL CALC & show workkkk *****Question 2 - Coefficient of variation [2 points]: Roenfeld Corp believes the following probability distribution exists for its stock.
USE FINANCIAL CALC & show workkkk
*****Question 2 - Coefficient of variation [2 points]: Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock?
Probability Stock's
State of of State Expected
the Economy Occurring Return
Boom 0.45 25%
Normal 0.50 15%
Recession 0.05 5%
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Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
