Five investment alternatives have the following returns and

Question

Five investment alternatives have the following returns and standard deviations of returns.

Alternatives Returns: Expected Value Standard Deviation

A                                        $1,350                $500

B                                        $1,180                  $1,470

C                                        $7,700                   $2,100

D                                         $1,810                   $690

E                                        $63,300                  $14,700

Calculate the coefficient of variation and rank the five alternatives from lowest risk to the highest risk by using the coefficient of variation.