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The common stock of Small Oil sells for $ 2 5 a share and offers the following payoffs next year: Dividend Stock Price Boom $

The common stock of Small Oil sells for $25 a share and offers the following payoffs next year:
Dividend Stock Price
Boom $0 $18
Normal Economy $1 $26
Recession $3 $34
Calculate the expected return and standard deviation of the Small Oil.
All three scenarios are equally likely.

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