Kent purchased an investment property for $750,000 today. It is expected that the annual rent for the property would be $31,200. According to the probabilities, Kent expects the property price in one year would be as follows:

Probability Price

30% $915,000

40% $825,000

20% $780,000

10% $690,000

i) Calculate the total holding period return for each scenario if Kent plans to sell the property in one year. (Round your answer to the nearest 0.01%)

ii) Calculate the expected return for this property if Kent plans to sell it in one year. (Round your answer to the nearest 0.01%)

iii) Calculate the standard deviation of Kents investment if he plans to sell the property in one year. (Round your answer to the nearest 0.01%)