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The stock of Business Adventures sells for $55 a share. It's likely dividend payout and end-of-year price depend on the state of the economy by

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The stock of Business Adventures sells for $55 a share. It's 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 $2.10 $65 Normal economy 1.40 58 Recession .50 49 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 return % Standard deviation % Calculate the expected return and standard deviation of a portfolio invested half in Business Adventures and half in Treasury bills. The return on bills is 3%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected return % Standard deviation %

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