Question: Davison, Inc. is considering a capital budgeting project that has an expected return of 4 2 % and a standard deviation of 2 8 %

Davison, Inc. is considering a capital budgeting project that has an expected return of 42% and a standard deviation of 28%. What is the project's coefficient of variation?Do not round your intermediate calculations.Round the final answer to 2 decimal places.

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