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The Manning Companys stock is currently selling for $23. It has the following prospects for next year. Next YearsStock PriceDividendProbability$25$1.000.25 30 1.600.50 35 2.000.25Calculate Mannings

The Manning Companys stock is currently selling for $23. It has the following prospects for next year. Next YearsStock PriceDividendProbability$25$1.000.25 30 1.600.50 35 2.000.25Calculate Mannings expected to return for a one-year holding period.

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