SCENARIO 19-4
a Stock Portfolio Has the Following Returns Under

Multiple Choice

SCENARIO 19-4
A stock portfolio has the following returns under the market conditions listed below. $$\begin{array} { r c r } \underline{\text { Market Condition }} & \underline{ \text { Probability} } & \underline{ \text { Return }} \\\text { Bull } & 0.4 & \$ 200 \\\text { Stable } & 0.3 & \$ 100 \\\text { Bear } & 0.3 & - \$ 100\end{array}$$
-Referring to Scenario 19-4, what is the coefficient of variation?

A) 88.8%
B) 90.3%
C) 100%
D) 156.1%