#13 only, please show work

d) results from an increase in business prospects and a culease 11. The holding-period return (HPR) on a share of stock is equal to a) the capital gain yield during the period, plus the inflation rate. b) the capital gain yield during the period, plus the dividend yield. c) the current yield, plus the dividend yield. d) the dividend yield, plus the risk premium. (12-13) You have been given this probability distribution for the holding-period return for KMP stock: Probability State of the Economy Boom Normal growth Recession .30 HPR 1896 129 .50 .20 .500 12. What is the expected holding-period return for KMP stock? 13. What is the expected standard deviation for KMP stock