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Spoints Phoenix Company common stock is currently selling for $20 per share. Security analysts at Smith Barney have signed the following poodiliny distribution to the

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Spoints Phoenix Company common stock is currently selling for $20 per share. Security analysts at Smith Barney have signed the following poodiliny distribution to the te return on Phoenix stock one year from now: Rate of Return -20% 0% Probability 0.25 0.30 +20% +40% 0.25 0.20 Assuming that Phoenix is not expected to pay any dividends during the coming year. a) Determine the expected rate of return on Phoenix Stock. b) Determine the standard deviation of possible rates of return on Phoenix stock I. XOGO !!! 11! >

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