Mr. Sam Golff desires to invest a portion of his assets in rental property. He has...

Palmer Heights
Yearly Aftertax Cash Inflow (in thousands)		Probability
$	10		.2
	15		.2
	30		.2
	45		.2
	50		.2

Crenshaw Village
Yearly Aftertax Cash Inflow (in thousands)		Probability
$	15		.2
	20		.3
	30		.4
	40		.1

a. Find the expected cash flow from each apartment complex. (Do not round intermediate calculations. Round your answers to 3 decimal places.)

b. What is the coefficient of variation for each apartment complex? (Do not round intermediate calculations. Round your answers to 3 decimal places.)

c. Which apartment complex has more risk?

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Expert Solution

jeff jeffy answered 1 month ago

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