Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient...
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Finance
Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? Do not round your intermediate calculations.
State of
the Economy
Probability
of State
Occurring
Stock's
Expected
Return
Boom
0.06
25%
Normal
0.50
15%
Recession
0.44
5%
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