Toyota stock has the following probability distribution of expected prices one year from now. If you buy Toyota today for $$54$ and it will pay a dividend during the year of $34$ per share.what is your expected holding period return on Toyota?

State

$2$

$3$

$$ a$.13\mathrm{.}0\%$

Probability

$25\%$

$40\%$

$35\%$

Price

$$50$

$$60$

$$70$

$$ b$.5\mathrm{.}6\%$

$0$ c$.7\mathrm{.}4\%$

O d$.20\mathrm{.}4\%$

$$ e$.$ None of the above