If you buy Stock in Jae's Coffee Roasters at $57 you anticipate the following:

1. You will be able to sell the stock one year later for $63.00

2. You will receive a $1.00 dividend per share during the time you own the stock

What is your expected percentage rate of return for the period?

Group of answer choices

7.69%

15.48%

10.95%

12.28%

11.94%