An investor is faced with two business opportunities, A, B. Investment A has the following statistics:...
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An investor is faced with two business opportunities, A, B. Investment A has the following statistics: mean = 280.83 in $ variance = 986.19 in $ Investment B has the following statistics: mean = 4540.01 in $ variance = 87033.94 $ What is the value of the coefficient of VARIATION for the investment that is the less risky for the investor? An investor is faced with two business opportunities, A, B. Investment A has the following statistics: mean = 280.83 in $ variance = 986.19 in $ Investment B has the following statistics: mean = 4540.01 in $ variance = 87033.94 $ What is the value of the coefficient of VARIATION for the investment that is the less risky for the investor?
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The coefficient of variation CV is a measure of relative variability and is ... View the full answer
Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
Posted Date:
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