SCENARIO 19-4
a Stock Portfolio Has the Following Returns Under

question 15

Multiple Choice

SCENARIO 19-4
A stock portfolio has the following returns under the market conditions listed below. $$\begin{array} { r c r } \underline{\text { Market Condition }} & \underline{ \text { Probability} } & \underline{ \text { Return }} \\\text { Bull } & 0.4 & \$ 200 \\\text { Stable } & 0.3 & \$ 100 \\\text { Bear } & 0.3 & - \$ 100\end{array}$$
-Referring to Scenario 19-4, what is the coefficient of variation?

---

Definitions:

Dorsal Surface

The back side of the body in animals, opposite of ventral; often refers to the upper side.

Latissimus Dorsi

A broad, flat muscle on the back that helps in movement of the shoulder and the upper arm.

Trapezius Group

A collection of muscles in the upper back and neck region, responsible for moving the shoulder blades and extending the neck.

Brachiocephalic

Referring to the brachiocephalic artery or vein, critical vessels that supply blood to the right arm, neck, and head.