The following data represent the probability distribution of the holding period returns for an investment...

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The following data represent the probability distribution of the holding period returns for an investment in Lazy Rapids Kayaks (LARK) stock Probability, State of the Scenario (s) p(s) Economy HPR 28.40% oom 1 0.336 Normal growth 7.90% 2 0.414 Recession -18.90% 0.250 a. What is the expected return on LARK? (Round your answer to 2 decimal places.) Expected return b. What is the standard deviation of the returns on LARK? (Round your answer to 2 decimal places.) Standard deviation %

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