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 0.19 25% Normal 0.50 15% Recession 0.31 5%
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 0.19 25% Normal 0.50 15% Recession 0.31 5%
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 23CR
Related questions
Question
Roenfeld Corp believes the following
State of the Economy |
|
Probability of State Occurring |
|
Stock's Expected Return |
Boom |
|
0.19 |
|
25% |
Normal |
|
0.50 |
|
15% |
Recession |
|
0.31 |
|
5% |
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