The stock of Business Adventures sells for $30 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows: Boom Normal economy Recession Dividend $2.80 1.60 0.80 Expected return Standard deviation Stock Price $38 32 16 a. Calculate the expected holding-period return and standard deviation of the holding-period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answers to 2 decimal places.) % % b. Calculate the expected return and standard deviation of a portfolio invested half in Business Adventures and half in Treasury bills. The ration an hilla in 10/ In--t aus. ata nalaladiana Basnd..a.. da I decimal ula--- -----

The stock of Business Adventures sells for $30 a share. Its likely dividend payout and end-of-year price depend on the stote of the economy by the end of the year as follows: a. Calculate the expected holding-period return and standard deviation of the hoiding-period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Calculate the expected return and standard deviation of a portfolio invested haif in Business Adventures and half in Treasury bills likely. (Do not round intermediate calcuiations. Round your answers to 2 decimal places.) b. Calculate the expected return and standard deviation of a portfolio invested half in Business Adventures and haif in Treasury bills. The return on bilis is 4%, (Do not round intermediate calcuiations. Round your answers to 2 decimal places.) The stock of Business Adventures sells for $30 a share. Its likely dividend payout and end-of-year price depend on the stote of the economy by the end of the year as follows: a. Calculate the expected holding-period return and standard deviation of the hoiding-period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. Calculate the expected return and standard deviation of a portfolio invested haif in Business Adventures and half in Treasury bills likely. (Do not round intermediate calcuiations. Round your answers to 2 decimal places.) b. Calculate the expected return and standard deviation of a portfolio invested half in Business Adventures and haif in Treasury bills. The return on bilis is 4%, (Do not round intermediate calcuiations. Round your answers to 2 decimal places.)