Suppose you purchase one share of the stock of Volatile Engineering Corporation at the beginning of year 1 for $40. At the end of year 1, you receive a $2 dividend, and buy one more share for $30. At the end of year 2, you receive total dividends of $4 (i.e., $2 for each share), and sell the shares for $36.45 each. The time-weighted return on your investment is ________.

A- -1.75%

B- 4.08%

C- 8.53%

D- 11.46%