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Suppose that the current stock price of Land's Outdoors is $55 per share. Over the next year you expect the following: State of Land's Expansion

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Suppose that the current stock price of Land's Outdoors is $55 per share. Over the next year you expect the following: State of Land's Expansion Neutral Contraction Probability 25% 40% 35% Dividend @ year-end $3 Stock Price @ year-end $70 $60 $ 45 $1 $0 What is the expected return on Land's over the next year? What is the expected risk, as measured by standard deviation, of an investment in Land's over the next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected Return 9.54 X Standard deviation 17.83 X

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