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3. (2.5 pts.) The stock of Business Adventures sells for $100 per share, Its likely dividend payout and end-of year price depend on the state

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3. (2.5 pts.) The stock of Business Adventures sells for $100 per share, Its likely dividend payout and end-of year price depend on the state of the economy by the end of the year as follows: a. (I pts.) Calculate the expected holding period retum and stancara deviauon vi ue nurums- b. (1.5 pts.) Calculate the expected return and standard deviation of a complete portfolio invested 60% in Business Adventures and 40% in Treasury bills. The retum on the T-bill is 3%

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