What rate of return is expected from a stock that sells for $30 per share, pays $1.54 annually in dividends, and is expected to sell for $32.80 per share in one year? A. 15.03%
B. 14.28%
C. 14.09%
D. 14.47%

Expected Rate of Return = 14.47%

Explanation:

Given that Dividend= $1.54

Price of stock = $30

Expected selling price of stock = $32.80

Expected Rate of Return = (Dividends Paid + Capital Gain) / Price of Stock

Capital gain = Expected selling price - Buying price of stock

= $32.80- $30.00

= $2.80

Expected Return = ($1.54 + 2.80)/ 30

=0.1446666 x 100

=14.465 ≈14.47%

No, he made a mistake solving for the volume of both figures.

Step-by-step explanation:

You can just look at the formula and see it

Volume of a square pyramid : V=1/3bh , he forgot to use the 1/3. Volume of a cylinder: πr^2h , he forgot the π