The stock of Business Adventures sells for $75 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	$83
Normal economy	1.30	77
Recession	.75	65

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