Question
You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.25 18% Normal 0.45 9% Weak 0.3
You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return |
| Strong | 0.25 | 18% |
| Normal | 0.45 | 9% |
| Weak | 0.3 | -4% |
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations. %
What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations. %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Buyable Your Guide To Building A Self Managing Fast Growing And High Profit Business
Authors: Steve Preda
1st Edition
0998447846, 978-0998447841
