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Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $45.75. 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 $45.75. At the end of year 1, you receive a dividend of $2, and buy one more share for $49.75. At the end of year 2, you receive total dividends of $4 (i.e., $2 for each share), and sell the shares for $57.75 each. What is the time-weighted return on your investment? (Round your answer to 2 decimal places. Do not round intermediate calculations.) Return %

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