Assume that you are risk adverse and have the following three choices. Which project would you select?

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Assume that you are risk adverse and have the following three choices. Which project would you select? Compute the coefficient of variation for each choice.

Standard deviation Expected value $1,800 $900 1,400 2,000 1,500 500

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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