The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock. State of the Economy Scenario #(s) Probability,p(s) HPR Boom 1 0.348 31.60% Normal growth 2 0.432 6.90% Recession 3 0.220 -19.20% a.What is the expected return on LARK?(Round your answer to 2 decimal places.) b.What is the standard deviation of the returns on LARK?(Round your answer to 2 decimal places.)

The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock. State of the Economy Scenario #(s) Probability, p ( s )...

The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock.

a.What is the expected return on LARK?(Round your answer to 2 decimal places.)

b.What is the standard deviation of the returns on LARK?(Round your answer to 2 decimal places.)

Jun 02, 2022