QUESTION $4$

What is the expected annual return for a stock that is priced at $$57\mathrm{.}26,$ is expected to pay a dividend of $$1\mathrm{.}07$ every quarter forever, and is expected to pay its next dividend in $3$ months?

$1\mathrm{.}87\%($plus or minus $2$ bps$)$

$7\mathrm{.}47\%($plus or minus $2$ bps$)$

$7\mathrm{.}69\%($plus or minus $2$ bps$)$

$3\mathrm{.}74\%($plus or minus $2bps)$

the answer cannot be obtained based on the given information