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Question 3 (1 point) A stock is currently selling for $20. Experts reported that the stock is expected to rise to $35 after one year.
Question 3 (1 point) A stock is currently selling for $20. Experts reported that the stock is expected to rise to $35 after one year. Last year, the stock paid a dividend of $2. It is expected that the dividend will rise to $3. What is the expected rate of return? 1) 85.00 % 2) 51.43 % 3) 90.00% 4) 48.57%
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