One year ago you bought the common stock of Mizuho at 950 in Tokyo Stock Exchange. The price increased to 1040 today. You received a dividend of 120...

One year ago you bought the common stock of Mizuho at ¥950 in Tokyo Stock Exchange. The price increased to ¥1040 today. You received a dividend of ¥120 per share during the period. The exchange rate was ¥100 = $1 when you bought the stock and it changed to ¥80 = $1 today. Calculate the realized dollar rate of return on the stock for the year.

Select one:

a. 52.63%

b. 30.11%

c. 9.89%

d. -40.53%

e. -5%