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Which is correct regarding the coefficient of variation

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Reference no: EM132743374

Problem 1: Which of the following is correct regarding the coefficient of variation?

Option 1: None of the statements are correct.
Option 2: It measures the amount of standard deviation for each one percent of covariance.
Option 3: It measures the amount of risk taken for each one percent of return achieved.
Option 4: It measures the amount of return achieved for each one percent of risk taken.

Reference no: EM132743374

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