Cheng Inc.is considering a capital budgeting project that has an expected return of 24% and a standard deviation of 30%.What is the project's coefficient of variation? Do not round your intermediate calculations.Round the final answer to 2 decimal places.
A) 1.08
B) 1.40
C) 1.03
D) 1.25
E) 0.99
Correct Answer:
Verified
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