An investor purchases 1,000 shares of a company at a purchase price of $18.00 at the start of the year. During the year, the company paid out $0.75 of dividends per share. The investor then sells all the shares at a selling price of $19.50. Determine the investor's total percentage return. Select one:

a. 11.00% b. 11.50% c. 12.00% d. 12.50% e. None of the above