Fred wants to find a new investment for his portfolio. He is looking for a safe investment that provides stable returns. He considers the following options for investment:
Fred was offered stock of ABC Corp. It is a mature company with strong operational and financial performance. The volatility (standard deviation) of the stock is 10%, and the expected (mean) return is 14%.
Calculate the coefficient of variation.
(Key in answer in number only, no need to show the calculation steps).
(Answer should be in number with 1 decimal place. Example of answer: 20.1)
