Problem
Senior management of Nancy's Nooks (NN) has determined there is a 30 percent chance EPS will be $7.00 next year, there is a 50 percent chance EPS will be $2.00, and there is a 20 percent chance EPS will be -$2.50. Calculate the expected value, standard deviation, and coefficient of variation for NN's forecasted EPS. Do not round intermediate calculation.