On January $1,$ you bought $100$ shares of ABD stock for $$\frac{19}{?}$ share with funds that you borrowed at an annual rate of $8\%.$ The stock paid dividends per share of $$1\mathrm{.}50$ at the end

of the first year, and of $$2\mathrm{.}20$ at the end of year two. What rate of return did you earn if you sold the stock for $$\frac{21}{?}$ share at the end of year two. Hint: Compute the IRR per share.

$14\mathrm{.}52\%$

$12\mathrm{.}52\%$

$9\mathrm{.}99\%$

$13\mathrm{.}33\%$

$15\mathrm{.}12\%.$