A the beginning of 2012, you pay $100 for a share of stock that then pays you a dividend of $1 at the beginning of 2013. If the stock price rises from $100 to $109 per share over the year, then you have earned an annual rate of return of
A) 5 percent.
B) 1 percent.
C) 9 percent.
D) 4 percent.
E) 10 percent.
