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Snezhnost [94]
3 years ago
15

Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm

ent's coefficient of variation
Business
1 answer:
zmey [24]3 years ago
3 0

Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

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