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Last year, you purchased 500 shares of a stock at a price of $61.39 a share. Over the course of the year, you received $2.31

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Last year, you purchased 500 shares of a stock at a price of $61.39 a share. Over the course of the year, you received $2.31 per share in dividends. Today, you sold your shares for $69.25 a share. What is your rate of return on this investment? Do not round intermediate steps. 15.63% 16.57% 14.69% O 12.80% 3.76%

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