An analyst reports the intrinsic value of Pioneer company as $101. The company is assumed to grow at a rate of 7% per year forever. The current market price is $101 and the company has just paid a dividend of $4. If the analyst expects the market price to be equal to the intrinsic value 1 year from now, what is the expected 1-year holding period return on Pioneer company (approximately)? A 18.69% B.12.28% C.11.24% D.25.56%