1.Grape Co. has a stock that has a current price of $40.8. A year from now, the stock is expected to pay a dividend of $1.2 and the price will be $39.55. What is the expected rate of return for this stock? Enter your answer as a percentage. Enter your response below rounded to 2 DECIMAL PLACES.

2. A stock has a sustainable growth rate of4.6% and apayout ratio of36%. What is the return on equity? Enter you answer as a percentage. Enter your reponse belowrounded to2 DECIMAL PLACES.

3. Consider a stock that will have dividends in the next three periods of $1.34, $1.57, and $1.62, respectively. The interest rate is 10%. What is the growth rate of the dividend in period 3? Enter your answer as a percentage. Enter your response below rounded to2 DECIMAL PLACES.