A stock sells for $100 in the market. The companys beta is 1.6, the market risk premium (rM - rF) is 5%, and the risk-free rate is 3%. The most recent dividend paid is D0 = $1.0 and dividends are expected to grow at a constant rate g. Calculate the stocks expected dividend yield.

Group of answer choices

A. 0.82%

B. 1.10%

C. 2.22%

D. 3.70%