If a firm's next year's dividend is predicted to be $$1\mathrm{.}96($i$.$e$.,$ D$1=$ $$1\mathrm{.}96),$ and the firm

is assumed to have constant growth in dividends $($i$.$e$.,$ the constant g $=12\%).$ The

current stock price is $$28($i$.$e$.,$ Po $=$ $$28),$ which of the following is closest to the

stock's expected total return for the coming year?

a$)14\%$

b$)10\%$

c$)9\mathrm{.}27\%$

d$)9\mathrm{.}03\%$

e$)19\%$