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The Duncan Company's stock is currently selling for $15. People generally expect its price to rise to $18 by the end of next year. They

The Duncan Company's stock is currently selling for $15. People generally expect its price to rise to $18 by the end of next year. They also expect that it will pay a dividend of $0.50 per share during the year.

  1. What is the expected return on an investment in Duncan's stock? Round the answer to two decimal places. fill in the blank 1 %
  2. Recalculate the expected return if next year's price is forecast to be only $17 and the dividend $0.24. Round the answer to two decimal places. fill in the blank 2 %
  3. Calculate the actual return on Duncan if at the end of the year the price turns out to be $13 and the dividend actually paid was just $0.13. Round the answer to two decimal places. Use minus sign to enter negative answer. fill in the blank 3 %

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