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What Rate of Return Is Expected from a Stock That

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What rate of return is expected from a stock that sells for $30 per share,pays $1.50 annually in dividends,and is expected to sell for $33 per share in one year?

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Definitions:

Pascal's Triangle

A triangular array of numbers where each number is the sum of the two numbers directly above it, representing the coefficients in the expansion of a binomial power.

\(9\)

A numeric value representing a square number, resulting from multiplying three by itself.

Pascal's Triangle

A triangular array of numbers where each number is the sum of the two numbers directly above it, representing the coefficients in the expansion of a binomial.

Expression

A combination of symbols and numbers that represents a mathematical quantity or relationship.

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