Question

Assume you are risk-averse and have the following three

choices.

 Expected

Value Standard

Deviation 

A$1,940  $1,280  

B 2,770   1,540  

C 1,950   1,320   

a. Compute the coefficient of variation for each. (Round your answers to 3 decimal places.)

A.

B.

C.

b. Which project will you select?

Project C

Project A

Project B

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