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