View the step-by-step solution to: --Roenfeld Corp believes the following probability distribution

--Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock?

State of the Economy Probability of State Occurring Stock's Expected Return
Boom 0.36 25%
Normal 0.50 15%
Recession 0.06 5%

a. 0.4884
b. 0.4141
c. 0.4806
d. 0.4610
e. 0.3907

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