The common stock of Leaning Tower of Pita, Inc., a restaurant chain, will generate the following payoffs to investors next year: Probability 0.35 Boom Normal economy Recession Expected rate of return Standard deviation 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 share-holders. The stock is selling today for $93. (Round your answers to 2 decimal places.) 8 0.5 0.15 8 Dividend Stock Price $ 8 5 0 $ 198 103 0

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 share-holders. The stock is selling today for $93. (Round your answers to 2 decimal places.)