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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 Economy Boom Normal growth Probability, Scenario #(s) 1 pls). HPR 2 3 0.336 0.414 0.25 28.40% 7.90% -18.90% Recession Required: a. 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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