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3. an investor buys 1 share of quinjett ltd at the...

# Question: an investor buys 1 share of quinjett ltd at the...

###### Question details

An investor buys 1 share of Quinjett Ltd at the price of $40 on December 1, 2019. The firm is not expected to pay any dividends. Consider the following four possible scenarios for the share price on December 1, 2020:$55 with a probability of 10% $46 with a probability of 55%$34 with a probability of 25% \$27 with a probability of 10%

a) Calculate the expected return for holding the share for a year.

b) Calculate the variance of return and standard deviation of return.

PLEASE DO IT WRITTEN SO I CAN UNDERSTAND BETTER AND SHOW ALL WORKING OUT FOR ME TO STUDY PLEASE