You are considering the purchase of stock in Hewlett-Packard (HP). You expect to own the stock for the next three years. The current market price of the stock is $32 (P0) and you expect to sell it for $45 in three years time(P3). You also expect the stock to pay an annual dividend (Div) of $1.50 on the last day of each of the next three years. What is the expected rate of return on the stock?