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Investment - Total Rate of Return. Nellie purchased 1,000 shares of Melvin Corp. at $8.72 and sold them a year later at $10.00. With 1.5%

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Investment - Total Rate of Return. Nellie purchased 1,000 shares of Melvin Corp. at $8.72 and sold them a year later at $10.00. With 1.5% commission rate on each transaction and a dividend of $2.35 per share throughout this year, what was the return on her investment? a. 11.29% b. 37.84% C. 26.55% d. 34.00%

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