Question: What is the expected rate of return for a stock that is expected to pay $1 dividend next year and is currently selling for $10. The price of the stock next year is expected to be $11.87 by next year. Write your answer as a decimal (i.e. do not change to a percent). The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.