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 0.19 25%Normal 0.50 15%Recession 0.31 5%?
A. 0.6565
B. 0.6060
C. 0.5050
D. 0.4545
E. 0.4292
Answer: C
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