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8. On January 1, 2018, Justin's stock portfolio is worth $100,000. On September 30, 2018, $5,000 is withdrawn from the portfolio, and immediately after this withdrawal the portfolio has a value of $105,000. One year late, the value of the portfolio is $108,000, and Justin adds $3000 worth of stock into his portfolio. On December 31, 2019, the portfolio is worth $ 100,000. What is the equivalent annual time-weighted rate for Justin's stock portfolio over the two-year period? A. Less than 0.0% B. (0.0%, 0.8%) C. (0.8%, 1.6%) D. (1.6%, 2.4%) E. At least 2.4%