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A stock that sold for $36 per share at the beginning of the year was selling for $42 at the end of the year. If

A stock that sold for $36 per share at the beginning of the year was selling for $42 at the end of the year. If the stock paid a dividend of $2.35 per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend.

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