George Carver purchases 800 shares of stock at a price of $20 per share. One year later, the shares are selling for $23 per share. In addition, a dividend of $1 per share is paid at the end of the year. What is the dividend yield for the investment?

Select one:

a.

10.0%

b.

25.0%

c.

20.0%

d.

15.0%

e.

5.0%