t the beginning of last year, Thomas purchased

300

shares of the Web.com Fund at an NAV of

$23.64

and automatically reinvested all distributions. As a result of reinvesting, Thomas ended the year with

338

shares of the fund with an NAV of

$ 26.77

.

What was his total return for the year on this investment?

The total return on his investment is

nothing

%.

(Round to two decimal places.)