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At the beginning of last year, Thomas purchased 400 shares of the Web.com Fund at an NAV of $33.73 and automatically reinvested all distributions. As

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At the beginning of last year, Thomas purchased 400 shares of the Web.com Fund at an NAV of $33.73 and automatically reinvested all distributions. As a result of reinvesting, Thomas ended the year with 510 shares of the fund with an NAV of $45.39. What was his total return for the year on this investment? Thomas' total return for the year on this investment was \%. (Round to two decimal places.)

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