Three years ago, you invested in the Future Investco Mutual Fund by purchasing 1,000 shares of the fund at a net asset value of $30.00 per share. Because you did not need the income, you elected to reinvest all dividends and capital gains distributions. Today, you sell your 1,100 shares in this fund for $31.22 per share. What is the compounded rate of return on this investment over the 3 -year period? Select one: a. 9.22% b. 4.61% c. 2.30% d. 14.47% e. 2.28%