Question: Please answer9 E Mr. John Backster, a retired executive, desires to invest a portion of his assets in rental property. He has narrowed his choices

Please answer9

Please answer9 E Mr. John Backster, a retired executive, desires to invest

E Mr. John Backster, a retired executive, desires to invest a portion of his assets in rental property. He has narrowed his choices to two apartment complexes, Windy Acres and Hillcrest Apartments. The anticipated annual cash inflows from each are as follows: Hillcrest Apartments E Windy Acres B Yearly Aftertax Cash Yearly Aftertax Cash | Inflow Probability \"Inflow Probability $30,000 0.2 $35,000 0.2 35,000 0.2 40,000 2.4 50,000 0.2 50,000 0.2 65,000 0.2 60,000 0.2 0.2 70,000 a. Find the expected value of the cash flow for each apartment complex. (Enter the answers in thousands.) Expected cash flow Windy Acres $ o Hillcrest Apartments $ [45000| b. What is the coefficient of variation for each apartment complex? (Do not round intermediate calculations. Round the final answers to 4 decimal places.) Coefficient of variation k Windy Acres o o Hillcrest Apartments 0.2152

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