1. In December 2020, William purchased 1,000 shares at $30/share in Fantastic Inc. In 2021, he received $3,750 in dividends on these shares. Despite the great returns, William decided to sell these shares when they hit $32/share in December 2021 as he needed the money to buy a car. What was Williams investment return during the one year that he held the shares?

1. 20.13%
2. 23.55%
3. 19.17%
4. 11.12%
5. 13.28%