Sujoy has purchased shares of Rs.12500 of common stock in Hindustan Unilever . He has recently sold investment to the tune of Rs.15000 & received Rs 2500 as cash dividends during the holding period of 4 years. He paid a total of Rs 250 in commissions.
What is CAGR on the investment?
A . 8.23%
B . 9.75%
C . 9.05%
D . 10.72%
Answer: A