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An investor purchases 500 shares of a company at a purchase price of $15.00 at the start of the year. During the year, the company

An investor purchases 500 shares of a company at a purchase price of $15.00 at the start of the year. During the year, the company paid out $0.50 of dividends per share. The investor then sells all the shares at a selling price of $13.50. Determine the investor's total percentage return.

-5.67%

-6.07%

-6.37%

-6.50%

-7.07%

None of the above

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