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Mathematics, 10.10.2019 05:30 lmh40

Phoenix company common stock is currently selling for $20 per share. security analysts at smith blarney have assigned the following probability distribution to the price of (and rate of return on) phoenix stock one year from now: price rate of return probability $16 –20% 0.25 20 0% 0.30 24 +20% 0.25 28 +40% 0.20 assuming that phoenix is not expected to pay any dividends during the coming year, determine the coefficient of variation for the rate of return on phoenix stock.

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