Common stock is held for two years, during which time it receives an annual dividend of $10. The stock was sold for $100 and generated an average annual return of 16 percent. What price was paid for the stock? Select one . $90.91 Ob $61.60 $88.00 Od $64 80 Common stock is held for two years during which time it receives an annual dividend of $10. The stock was sold for $100 and generated an average annual retum of 16 percent. What price was paid for the stock? Select one: O a. $90.91 Ob. $61.60 . $88.00 Od $64.80