Video Excel Online Structured Activity: Evaluating risk and return Stock X has a 10.0% expected return, a beta coefficient of 0.9, and a 35% standard deviation of expected returns. Stock Y has a 12.0% expected return, a beta coefficient of 1.1, and a 20.0% standard deviation. The risk-free rate is 6%, and the market risk premiurn is ss. The data has been colected in the Microsoft Ertel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below a. Calculate each stock' s coeffident of variation. Round your answers to two decimal places. Do not round intermediate calculations. b. Which stock is riskier for a diversified investor? 1. For diversified investors the relevant risk is measured by standard deviation of expected returns. Therefore, the stock with the lower standard deviation of expected returns is more risky, stock Y II. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the III. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the IV. For diversified investors the relevant risk is measured by standard deviation of expected returns. has the lower standard deviation so it is more risky than stock. higher beta is less risky. Stock Y has the higher beta so it is less risky than Stock X. higher beta is more risky. Stock Y has the higher beta so it is more risky than Stock X. Therefore, the stock with the higher standasd deviation of expected returns is more risky. Stock X has the higher standard deviation so it is more risky than Stock y V. For diversified investors the relevant risk is measured by beta. Therefore, the stock with the lower beta is more risky. Stock X has the tower beta so it is more risky than Stock Y 0 624 PM