Suppose you just purchased stock in Sheels for $145.74 per share you expect to collect a $2.1 dividend in one year and expect to sell the stock for $136 per share (ex-dividend) in one year. Find the annualized holding return on your investment. Assume that you do not collect a dividend today, and you will collect a dividend on the day you sell the stock.

For your consideration: Is this an expected or realized return?