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You were analyzing a stock and came up with the following probability distribution of the stock returns. What is the coefficient of variation on the

You were analyzing a stock and came up with the following probability distribution of the stock returns. What is the coefficient of variation on the company's stock? Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72.

State of the Economy

Probability of State Occurring

Stock's Expected Return
Boom

15.00%

22.55%
Normal

46.00%

18.20%
Recession

39.00%

9.35%

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