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Now or Later, Inc. recently paid $2.10 as an annual dividend. Future dividends are projected at $2.11, $2.28 and $2.99 over the next three years,

Now or Later, Inc. recently paid $2.10 as an annual dividend. Future dividends are projected at $2.11, $2.28 and $2.99 over the next three years, respectively. At the end of the third year, you expect to sell the stock for $39.5. The stock of the company is selling for $37 today. How much is expected return from your investment in the stock?

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