Question
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.
| State of the Economy | Probability of State Occurring | Stock's Expected Return |
| Boom | 30.00% | 19.55% |
| Normal | 51.00% | 16.35% |
| Recession | 19.00% | 9.50% |
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Corporate Governance And Financial Management Computational Optimization Modelling And Accounting Perspectives
Authors: S Nuryanah, S Islam
1st Edition
1349493228, 9781349493227
