The Mean Return on Equity (ROE) for a Group of Firms

question 97

Multiple Choice

The mean return on equity (ROE) for a group of firms in an industry is 15% with a variance of 9%. The coefficient of variation of the industry's ROE is ________.

• A) 0.2
• B) 0.6
• C) 1.7
• D) 5.0

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