You want to find the expected return of a stock. The stock had returns of 5 percent, -20 percent, -4 percent, 14 percent, and 30 percent over the past five years. During this time period, the stock had a correlation coefficient with its industry of 0.80 and a correlation coefficient with the market of 0.78. The standard deviation of the industry was 22%, and the standard deviation of the market was 15%. The risk-free rate is 3.50% and the market risk premium is 6.50%. What is the expected return of the stock?
A) 4.69%
B) 9.85%
C) 10.94%