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Kaliah purchased 100 shares of PAC stock for $15 per share and sold this same stock one year later for $20 per share. She paid

Kaliah purchased 100 shares of PAC stock for $15 per share and sold this same stock one year later for $20 per share. She paid commissions of $55 when she purchased the stock and $65 when she sold the stock. Dividends of $2 per share were paid during the year. The total rate of return on this investment was

9.71 percent.

17.96 percent.

28.50 percent.

38.67 percent.

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