$7.$ What is the rate of return to an investor in the stock of Cabott Inc. If the current dividend of $$1\mathrm{.}20$ and this dividend is not expected to change in the foreseeable future? The current price of Cabott is $$15\mathrm{.}00$

a$.6\mathrm{.}00\%$

b$.12\mathrm{.}5\%$

c$.8\mathrm{.}33\%$

d$.12\mathrm{.}00\%$

e$.8\mathrm{.}00\%$