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
Boom	$2.50	$50
Normal economy	$1.00	$43
Recession	$0.75	$34

Calculate the expected holding-period return and standard deviation of the holding-period return. All three scenarios are equally likely.