Mr. Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Palmer Heights and Crenshaw Village. After conferring with the present owners, Mr. Golff has developed the following estimates of the cash flows for these properties.

a. Find the expected cash flow from each apartment complex.
b. What is the coefficient of variation for each apartment complex?
c. Which apartment complex has morerisk?

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Palmer Heights Crenshaw Village Yearlv Aftertax Cash Inflow (in thousands) Yearlv Aftertax Cash Inflow (in thousands) Probability .2 .2 .2 .2 Probability $70 $75. 75 90 105 80 90 100 .3 10.2