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The stock of Business Adventures sells for $40 a share its likely dividend payout and end of year price depend on the state of the
The stock of Business Adventures sells for $40 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: Dividend Stock Price $2.80 $48 1.Be Normal economy Recession 8.90 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.) Expected retum Standard devision
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