You purchased 500 shares of stock on January 1, 2011 for $29. The stock paid dividends of $1.50 per share in December of 2011, $1.80 per share in December of 2012, and $2.10 per share in December of 2013. At the end of December you sell your full position in the stock at the market price of $35 per share. What is the annualized dollar-weighted return or IRR% of this investment?

	a.	13.1%
	b.	9.3%
	c.	12.2%
	d.	11.7%