Scenario Analysis and Portfolio Risk. The common stock of Leaning Tower of Pita Inc., a restaurant chain, will generate payoffs to investors next year, which depend on the state of the economy, as follows: (L011-2 and L011-3) Boom Normal economy Recession Dividend $8 4 0 Stock Price $240 90 0 a. The company goes out of business if a recession hits. Calculate the expected rate of return and standard deviation of return to Leaning Tower of Pita shareholders. Assume for simplic- ily that the three possible states of the economy are equally likely. The stock is selling today for $80. b. Who would view the stock of Leaning Tower of Pita as a risk-reducing investment --the owner of a gambling casino or a successful bankruptcy lawyer? Explain