Last year, Julie Johnson bought one share of common stock for $90. During the year, Julie received a $4.25 dividend. It is expected that dividend will grow at a constant rate of 7% in the future. What is the stocks rate of return?

A) 9.3%

B) 10.6 %

C 7.2%

D) 11.7 %

E) 8.5%

E) 8.5%