Question: Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.15 20% Normal 0.45 9
Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
| State of Economy | Probability | Rate of return |
| Strong | 0.15 | 20% |
| Normal | 0.45 | 9 |
| Weak | 0.4 | -4 |
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations. %
What is the stock's standard deviation? Round your answer to two decimal places. Do not round intermediate calculations. %
What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
