You believe the expected return on Stellar Innovations is 12.50%, and that the variance of Stellar Innovations' returns is 0.2500. What is the coefficient of variation for this company? Express the answer with 3 decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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What is the coefficient of variation for this company on these financial accounting question?

You believe the expected return on Stellar Innovations is
12.50%, and that the variance of Stellar Innovations'
returns is 0.2500. What is the coefficient of variation for
this company? Express the answer with 3 decimal
places.
Transcribed Image Text:You believe the expected return on Stellar Innovations is 12.50%, and that the variance of Stellar Innovations' returns is 0.2500. What is the coefficient of variation for this company? Express the answer with 3 decimal places.
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