XYZ has one share of stock and one bond. The total value of the two securities is $1,100. The bond has a YTM of 16.20 percent, a coupon rate of 9.60 percent, and a face value of $1,000; pays semi-annual coupons with the next one expected in 6 months, and matures in 3 years. The stock pays annual dividends that are expected to be $12.40 and paid in one year. What is the expected return for the stock?

a) 9.83%

b) 9.74%

c) 4.92%

d) 5.01%

e) none of the above