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Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient...

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Question

Finance

Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? Do not round your intermediate calculations.

State of

the Economy

Probability

of State

Occurring

Stock's

Expected

Return
Boom 0.06 25%
Normal 0.50 15%
Recession 0.44 5%

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