You purchased 200 shares of XYZ common stock for $134 a share four years ago. The stock pays dividends of $3.50 a share at the end of every year. Dividends are reinvested. If you sell the stock in 2 years for $150, what will be your 6-year effective annual return? Round to two decimal places.

Select one:

a.

5.37%

b.

4.39%

c.

4.04%

d.

8.34%