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The stock of Business Adventures sells for $60 a share. Its 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 $60 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 $2.00 13 Normal economy 1.50 63 Recession .70 59 Calculate the standard deviation of the holding-period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answer to 4 decimal places) Standard deviation? 0.0113 The stock of Business Adventures sells for $60 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 $2.00 $73 Normal economy 1.50 63 Recession .70 59 Calculate the standard deviation of the holding period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answer to 4 decimal places) Standard deviation? 0.0113

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