Imagine that you bought 20 shares of ABC Company stock in2004 for $32.00 per share. The company paid zero dividends in the first three years you owned the stock. Starting in 2008, the company paid a dividend of $.50 per share, and continued this practice through 2011. In 2012, the company raised the dividend to $1.10 per share and continued to pay that amount each year, all the way up to and including 2015. Assume, for the sake of simplicity, that all transactions (purchases, sales, and dividends) occur on the same date every year. In 2015, after receiving your dividend, you sold your entire lot of ABC stock for $82.80 per share. What was the internal rate of return for your investment in ABC Company?