CHAPTER 5

The analyst estimates that Hartley Industries’ stock will have a 5 percent return if the economy is weak, a 15 percent return if the economy is average, and a 30 percent return if the economy is strong. On the basis of this estimate, what is the coefficient of variation for Hartley Industries’ stock? a. 0.61644. b. 0.54934. c. 0.75498. d. 3 ... ................
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