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A stock that sold for $24 per share at the beginning of the year was selling for $34 per share at the end of six

A stock that sold for $24 per share at the beginning of the year was selling for $34 per share at the end of six months when the company paid a dividend of $0.75 per share. What is the simple interest rate on this investment with one share of stock?

Enter your answer as a percent but do not enter the % symbol and round your answer to two decimals.

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