ABC Inc. has $100,000$ shares outstanding with a total book value of $$1,494,000$ and which currently sell for $$14\mathrm{.}80$ per share. It had net income of $$119,300$ this past year, of which $$41,000$ was paid in dividends. Based on the above, what rate of return do investors expect on the stock?

a$.2\mathrm{.}92\%$

b$.2\mathrm{.}24\%$

c$.5\mathrm{.}54\%$

d$.9\mathrm{.}54\%$

e$.8\mathrm{.}16\%$