Question: Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Investments Buy stocks Buy bonds Buy commodity futures Buy options Returns: Expected

a risk. Investments Buy stocks Buy bonds Buy commodity futures Buy options

Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Investments Buy stocks Buy bonds Buy commodity futures Buy options Returns: Expected Value 9,560 7,670 25,700 16,700 Standard Deviation $ 6,530 2,660 26,400 20,600 a-1. Compute the coefficients of variation. (Round your answers to 3 decimal places.) Coefficient of Variation Buy stocks Buy bonds Buy commodity futures Buy options a-2. Which one of the following four investments should Tim choose? O Buy bonds O Buy stocks O Buy commodity futures O Buy options b. Which one of the four investments should Mike choose? O Buy bonds Buy stocks Buy options Buy commodity futures

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