and end-of-year price depend on the state of the economy by the end of the year as follows: (LO 5-2) Dividend Stock Price Boom $2.00 $50 Normal economy 1.00 43 Recession .50 34 a. Calculate the expected holding-period return and standard deviation of the holdingperiod return. All three scenarios are equally likely. www.mhhe.com/bkm b. Calculate the expected return and standard deviation of a portfolio invested half in