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Early in 2013, Maria bought shares of MBA Inc. at $27.85 per share. She received the following dividends per share (end of year). 2013 $1.50
Early in 2013, Maria bought shares of MBA Inc. at $27.85 per share. She received the following dividends per share (end of year). 2013 $1.50 2014 $2.00 2015 $2.50 Immediately after receiving the 2015 dividend, she sold the stock for $32.50 per share. Her internal rate of return on this investment was?
A 11.99%
B 9.17%
C 10.25%
D 13.85%
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