Question 12 5 pts 4 years ago, Tim purchases a stock for $38. Over the past four years, the stock has paid the following dividends, which Tim has reinvested. Year 1 - $3.00 Year 2 - $1.50 Year 3 - $1.75 Year 4 - $1.90 At the end of the fourth year the stock price is $39. What is Tim's compounded rate of return (IRR) if he sells the stock for $39? 06.02% O 7.05% 8.43% 0 5,61%