Given the following information, calculate the expected value for Firm C's EPS. Data for Firms A and B are as follows: E(EPSA) = $5.10, and σA = $3.60; E(EPSB) = $4.20, and σB = $2.94. Round your answer to two decimal places.
Probability: 0.1, 0.2, 0.4, 0.2, 0.1
Firm A: EPSA ($1.60) $1.80 $5.10 $8.40 $11.80
Firm B: EPSB (1.20) 1.36 4.20 7.04 9.60
Firm C: EPSC (2.55) 1.35 5.10 8.85 12.75
$____
You are given that σc = $4.12. Discuss the relative riskiness of the three firms' earnings using their respective coefficients of variation. Round your answer to two decimal places. CV:
A____
B____
C____
The most risky is: A, B, or C