Clayton Corporation common stock is expected to pay a dividend of $2.95 in one year. Company earnings and dividends are expected to grow at an annual rate of 9 percent. If you can buy this stock for $34.71, what is your expected return? 

a) 9.3% 

b) 18.3% 

c) 8.5% 

d) 17.5% 

e) 34.6%