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problem: Ripken Iron Works faces the following probability distribution:

State of the Economy

Probability of State Occurring

Stock's Expected Return if this State Occurs

Boom

0.25

25%

Normal

0.5

15%

Recession

0.25

5%

find out the coefficient of variation on the company's stock? [Suppose that the standard deviation is find outd using the population statistic.]

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M919550

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