Please answer Part b)

Question 1 a) Mr. Brown is an investor, he bought shares for R50 each at the beginning of the year. During the year he received a dividend of R3 per share. The price per share at the end of the year is R64. Required: Calculate the holding period return on the share. b) Miss Mukwevho has projected the following returns for Share P in the three possible states of the economy. Required: Calculate the expected return, variance, and standard deviation for her. *Round off all your calculations to four decimal places c) A share has a beta of 1 , the risk-free rate is 8% and the market expected rate of return is 10%. Required: Calculate the required rate of return