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A stock was purchased at $217, it paid $2 in annual dividends, and was sold exactly three years later for a net price of $233.
A stock was purchased at $217, it paid $2 in annual dividends, and was sold exactly three years later for a net price of $233. Compute the average annual return of the stock expressed as a percent. Round your answer to two decimals using no symbols or formatting. For example, a value of 12.78% should be entered as 12.78.
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