The following data for IBM applies to questions $25-26.$

YEAR $01/01$ PRICE $12/31$ PRICE DIVIDEND

$2018$ $ $148\mathrm{.}98$

$2019$ $ $148\mathrm{.}98$ $ $128\mathrm{.}51$ $ $6\mathrm{.}08$

$2020$ $ $128\mathrm{.}51$ $ $137\mathrm{.}41$ $ $6\mathrm{.}20$

$2021$ $ $137\mathrm{.}41$ $ $121\mathrm{.}68$ $ $6\mathrm{.}50$

$2022$ $ $121\mathrm{.}68$ $ $135\mathrm{.}24$ $ $7\mathrm{.}00$

Using Excel, financial calculator or the following formula $([(1+$TR$1)*(1+$TR$2)*...(1+$TRn$)]^1/$n$)-1,$ compute the IRR $($geometric average$)$ of returns for IBM from $12/31/18$ through $12/31/2022?$

Question $26$ options:

$10\mathrm{.}87\%$

$2\mathrm{.}52\%$

$2\mathrm{.}43\%$

$8\mathrm{.}08\%$