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Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $43.00. At the end of year

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Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $43.00. At the end of year 1 . you recelve a dividend of $2, and buy one more share for $47.00 At the end of year 2 yoarecelve totar dividends of $4 (ice. $2 for edch share), and sell the shares for $55,00 each What is the time-weighted return on your investment? (Round your answer to 2 decimal ploces. Do not round intermediate calculations.)

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