A firm has decided to invest in a piece of land.Management has estimated that the land can be sold in 5 years for the following possible prices:
(a) Determine the expected selling price for the land.
(b) Determine the standard deviation of the possible sales prices.
(c) Determine the coefficient of variation.

Question

A firm has decided to invest in a piece of land.Management has estimated that the land can be sold in 5 years for the following possible prices:
   (a)	Determine the expected selling price for the land.
(b)	Determine the standard deviation of the possible sales prices.
(c)	Determine the coefficient of variation.

Quizplus · Accepted Answer

The Answer of A firm has decided to invest in a piece of land.Management has estimated that the land can be sold in 5 years for the following possible prices:
   (a)	Determine the expected selling price for the land.
(b)	Determine the standard deviation of the possible sales prices.
(c)	Determine the coefficient of variation.

A Firm Has Decided to Invest in a Piece of Land.Management