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ction to Finance 621 Voo :01:32:46 Graded Grape Co. has a stock that has a current price of $36.36. A year from now, the stock

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ction to Finance 621 Voo :01:32:46 Graded Grape Co. has a stock that has a current price of $36.36. A year from now, the stock is expected to pay a dividend of $1.45 and the price will be $36.92. What is the expected rate of return for this stock? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES

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