单选题 The following shows the mean monthly returns of four securities.
【正确答案】 B
【答案解析】
The coefficient of variation, CV=standard deviation/arithmetic mean, is a common measure of relative dispersion (risk). CV1=0.4/0.3=1.33; CV2=0.6/0.6=1; CV3=4.8/1.3= 3.69; and CV4=5.2/1.7=3.06. Because a lower CV means lower relative risk, Security 2 has the lowest relative risk and Security 3 has the highest relative risk.