Hello,

Please Solve the following problems with details:

1. Exactly one year ago, Harv bought 500 shares of Primer Corp stock for $40.95. He plans on selling all of the shares today at the current market price of $37.75. Over the last year, Primer Corp. paid out dividends of $0.75 per share on its common stock. What is Harvs holding period return for the year on Primer Corp. stock? Submit your answer as a percentage and round to two decimal places.

2. Analysts predict that over the next year, Thete, Inc.s common stock has a 30% chance of returning 25%, a 40% chance of returning 16%, and a 30% chance of returning 6%. What is the expected rate of return on Thete, Inc.s common stock? Submit your answer as a percentage and round to two decimal places.

Thank you,