Question: Expected Return A stock is expected to pay a dividend per share of $0.49 next year and you believe the stock will sell for $24.75

Expected Return A stock is expected to pay a dividend per share of $0.49 next year and you believe the stock will sell for $24.75 in one year. You bought the stock for $21.85. Your expected return on the stock is ______.

Multiple Choice

15.51%

12.08%

12.84%

13.52%

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