Roenfeld Corp Believes the Following Probability Distribution Exists for Its

question 77

Multiple Choice

Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? $\begin{array}{lrr}&\text { Probability } &\text { Stock's }\\\text {State of}&\text { of State }&\text {Expected}\\ \underline{\text { the Economy }} & \underline{\text { Occurring }} &\underline{ \text { Return }} \\\text { Boom }& 0.45 & 25 \% \\\text { Normal } & 0.50 & 15 \% \\\text { Recession } & 0.05 & 5 \%\end{array}$

• A) 0.2839
• B) 0.3069
• C) 0.3299
• D) 0.3547
• E) 0.3813

---

Definitions:

Fort Laramie Treaty

An agreement made between the United States and various Native American tribes, aiming to ensure peace along the Western frontier and specify land rights.

Northern Plains

A broad expanse of flat land, much of it covered in prairie, steppe, and grassland, located in the northern part of the Great Plains of the United States and Canada, often associated with agriculture and ranching.

Tribal Boundaries

The recognized geographical borders that define the territorial limits of indigenous tribes or communities.

White Migrants

Refers to individuals of European descent moving to or within countries, often associated with historical contexts of colonization or immigration for economic opportunities.