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 30.00% 20.60% Normal 51.00% 15.65% Recession 19.00% 7.95%       A. 0.2753 B. 0.1927 C. 0.3166 D. 0.3304 E. 0.2478

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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 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
30.00%
20.60%
Normal
51.00%
15.65%
Recession
19.00%
7.95%
     
A. 0.2753
B. 0.1927
C. 0.3166
D. 0.3304
E. 0.2478
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