You are considering purchasing a stock that currently sells for $49. The expected price of the stock in a year is $52, and during the coming year a $2 dividend is expected to be paid. The risk-free rate is 5% and the market return is 10%. The stock has a beta of 1.1. What is the holding period return of the stock?

A. 9.6%

B. 16.0%

C. 10.2%

D. -2.0%

E. 10.5%