Instruction 17-4
the Following Information Is from Two Investment Opportunities

question 12

Multiple Choice

Instruction 17-4
The following information is from two investment opportunities.
$$\begin{array} { l c c } & A & B\\\text { Expectedmonetary } & \$ 900 & \$ 600 \\\text { value }\\\text { standarddeviation } & 100 & 50 \end{array}$$
-Referring to Instruction 17-4,what is the coefficient of variation for investment A?

• A) 5.0%
• B) 11.1%
• C) 8.3%
• D) 90.0%

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Definitions:

Sales Tax

A tax imposed by government on the sale of goods and services, usually calculated as a percentage of the selling price.

Manufacturing Tax

Manufacturing tax refers to taxes imposed on goods produced within a country; the specifics of these taxes can vary by location and product type.

Accounting Firm

An accounting firm is a business that provides services related to accounting, including audit, bookkeeping, tax preparation, and financial consultancy.

Service Company

A business that provides intangible products or services to customers.