Quantitative Problem: You are given the following probability distribution for CHC Enterprises:
| State of Economy |
Probability |
Rate of return |
|
| Strong |
0.25 |
21% |
| Normal |
0.55 |
8% |
| Weak |
0.2 |
-5% |
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations. %
What is the stock's standard deviation? Round your answer to two decimal places. Do not round intermediate calculations. %
What is the stock's coefficient of variation? Round your answer to two decimal places. Do not round intermediate calculations. %