Tiny Legend Learning Academy believes the probability distribution, shown below, holds true for its shares. What is
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Tiny Legend Learning Academy believes the probability distribution, shown below, holds true for its shares.
What is the coefficient of variation on the corporation shares?
State of the economy | Probability of state occurring | Shares’ expected return |
Strong growth | 0,25 | 20% |
Moderate growth | 0,50 | 12% |
Low growth | 0,25 | 8% |
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, ? Joel F. Houston
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