单选题

An investor buys a stock on margin and holds the position for one year.

Shares purchased   700 
Purchase price    $22/share
Call money rate   4%
Dividend   $0.60/share
Leverage ratio  1.6  
Total return on the investment 12%

Assuming that the interest on the loan and the dividend are both paid at the end of the year, the price at which the investor sold the stock is closest to:

【正确答案】 B
【答案解析】