A year ago, you invested in a company stock, buying 200 shares for $21.45 per share. Over the past year, the company issued four quarterly cash dividends of $0.56 per share. The current price of the stock is $21.98 per share. What is your dividend yield during the past year for the stock purchased?

Select one:

a. 10.6%

b. 10.4%

c. 9.4%

d. 9.8%

e. 10.2%