You are looking to invest $1000 into the stock market. Based on your observation of the...
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You are looking to invest $1000 into the stock market. Based on your observation of the stock market, you have narrowed down your investment choice between Winky Wonka's Chocolate Factory, and Starbobs, the coffee franchise. From watching the stock market, you know that the mean closing price of Winky Wonka's stock is $56.8 with a standard deviation of $4.8. The mean closing price of Starbobs' stock is $147.6 with a standard deviation of $1.4. In order to compare the two companies, you want to use coefficient of variation for the closing prices of each company. Calculate the coefficients of variation and report the difference between two values CV Startbob. of coefficient of variations: CVWinky Wonka Note: 1- Round your intermediate numbers to 4 decimal places. 2- round your final answer to 2 decimal places. Enter your final answer with 2 decimal places. 3- CV refers to the coefficient of variation for that stock closing price. Your Answer: You are looking to invest $1000 into the stock market. Based on your observation of the stock market, you have narrowed down your investment choice between Winky Wonka's Chocolate Factory, and Starbobs, the coffee franchise. From watching the stock market, you know that the mean closing price of Winky Wonka's stock is $56.8 with a standard deviation of $4.8. The mean closing price of Starbobs' stock is $147.6 with a standard deviation of $1.4. In order to compare the two companies, you want to use coefficient of variation for the closing prices of each company. Calculate the coefficients of variation and report the difference between two values CV Startbob. of coefficient of variations: CVWinky Wonka Note: 1- Round your intermediate numbers to 4 decimal places. 2- round your final answer to 2 decimal places. Enter your final answer with 2 decimal places. 3- CV refers to the coefficient of variation for that stock closing price. Your Answer:
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date:
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