1. You are considering investing in Tom's Trampolines - an amusement park considered the bounciest place in the world! Tom's Trampolines stock currently sells for $40.55 per share. You expect the stock will pay a dividend of $8.9 next year and after receiving the dividend, the stock will trade for $21.57 next year as well. If you invest in Tom's Trampolines today by buying today, what rate of return do you expect to earn over the course of the next year?

(please express your answer as a percent without the percent sign - meaning if the answer is 10.1%, please write 10.1)