The common stock of Sweet Treats has a total return of 11.62 percent, a stock price of $48.20, and recently paid an annual dividend of $2.38. What is the capital gains rate if the company maintains a constant dividend?

A. 16.56 percent

B. 11.17 percent

C. 4.59 percent

D. 6.68 percent

E. 8.34 percent