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Calculate the coefficient of variation for each stock

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Reference no: EM133034706

Question - You are considering investing in the following two assets: Apple, Inc. with an expected return of 20% and standard deviation of 30%, and NIO Limited with an expected return of 15% and standard deviation of 20%. Calculate the Coefficient of Variation for each stock and determine which assets is the better investment based on minimized risk per unit of return.

Reference no: EM133034706

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