Cheng Inc.is considering a capital budgeting project that has an expected return of 23% 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) 1.60
B) 1.41
C) 1.33
D) 1.30
E) 1.00

Question

Quizplus · Accepted Answer

The Answer of Cheng Inc.is considering a capital budgeting project that has an expected return of 23% 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) 1.60
B) 1.41
C) 1.33
D) 1.30
E) 1.00

Cheng IncIs Considering a Capital Budgeting Project That Has an Expected