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Sly can't believe his luck! He knew nothing about investments and his first share purchase...

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Accounting

Sly can't believe his luck! He knew nothing about investments and his first share purchase turned out to be an incredible investment. He hopes it was not beginner's luck and hopes to continue the same streak. Exactly one year ago today, on December 16,2022, Sly invested in Astonishing Inc. and purchased 5,000 shares for a total investment of $86,250. Over the year, he received $1.75/share in dividends. It is now December 16,2023, and Sly needs the money, for which he sold all of his Astonishing Inc. shares when they hit $29/share. What is Sly's investment return during the one year that he held the shares?
Select one:
a.33.73%
O b.30.77%
c.42.12%
O d.46.55%
e.78.26%

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