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The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock State of the
The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock State of the Boon Economy Normal growth Recession Required: Probability, Scenario #(s) 1 p(s) HPR 0.344 32.40% 0.426 8.90% 3 0.23 -19.50% e. What is the expected return on LARK? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Expected return " b. What is the standard deviation of the returns on LARK? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Standard deviation
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