A Stock Sold for $25 at the Beginning of the Year

Multiple Choice

A stock sold for $25 at the beginning of the year. The end of year stock price was $25.50. What is the amount of the annual dividend if the total return for the year was 8.5 percent?

A) $1.23
B) $1.50
C) $1.63
D) $1.81
E) $2.12