1 Data Table -X in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Alternative A B Expected return 21% 24% 17% 16% Standard deviation of return 7.6% 9.8% 6.7% 4.7% Print Done Coefficient of variation Metal Manufacturing has isolated four alternatives for meeting its need for increased production capacity. The following table summarizes data gathered relative to each of these alternatives, a. Calculate the coefficient of variation for each alternative. b. If the firm wishes to minimize risk, which alternative do you recommend? Why? a. The coefficient of variation for alternative A is (Round to three decimal places.) The coefficient of variation for alternative B is (Round to three decimal places.) The coefficient of variation for alternative C is (Round to three decimal places.) The coefficient of variation for alternative D is (Round to three decimal places.) b. If the firm wishes to minimize risk, which alternative do you recommend? Why? (Select from the drop-down menus.) To minimize risk, the firm needs to choose alternative D because it has the lowest coefficient of variation