Swift Manufacturing is evaluating an asset purchase. The annual rate of return and the related probabilities given in the following table summarize the firm's analysis to this? point:
Return of rate Probability
5% 0.05
15% 0.10
25% 0.05
35% 0.10
45% 0.25
55% 0.15
65% 0.10
75% 0.10
85% 0.10
a. Compute the range of possible rates of return.
b. Compute the expected return.
c. Compute the standard deviation of the returns.
d. Compute the coefficient of variation of the returns.