Question
You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.25 22% Normal 0.45 9% Weak 0.30
You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return | |
| Strong | 0.25 | 22% | |
| Normal | 0.45 | 9% | |
| Weak | 0.30 | -6% | |
What is the stock's expected return? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's standard deviation? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the stock's coefficient of variation? Do not round intermediate calculations. Round your answer to two decimal places.
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
10th Edition
0128150750, 978-0128150757
