A stock is currently trading at $20 per share. You expect there is a 50% probability that the share price will be $22 in a year from now, 30% probability that the price will be $17, and 20% probability that the price will be $25. What is the expected return for this stock over the next year? \begin{tabular}{c} \hline 14.5% \\ \hline 5.5% \\ \hline 7.0% \\ \hline 20.0% \end{tabular} A stock traded at $100 on January 1 . On June 15 , it paid a dividend of $1.50 per share and was trading at $90 per share. On December 15 , it paid a dividend of $1.55 per share and was trading at $105 per share. The share price on December 31 was $108. The annual return for this stock was: \begin{tabular}{|l|} \hline 11.42% \\ \hline 8.33% \\ \hline 12.75% \\ \hline 8.00% \\ \hline \end{tabular} Use this information for question 3, 4 and 5: A stock had the following annual returns over the last 5 years: What is the average annual return for the stock over the last 5 years? 10.11% 11.10% 10.80% 13.48%