Stephanie purchased an antique necklace six years ago for $300 as an investment. The clasp was repaired at the end of the second year for $150. The repaired necklace has just sold at auction for $850. What is the average compound annual rate of return that was earned by investing in this collectible? (Note: We will assume the necklace was purchased in year 0 and sold in year 6.)

	A.	5.40%
	B.	10.54%
	C.	12.54%
	D.	12.98%