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An investor purchases a mutual fund share for $100.7. The fund pays dividends of $1.3, distributes a capital gain of $4.1, and charges a fee

An investor purchases a mutual fund share for $100.7. The fund pays dividends of $1.3, distributes a capital gain of $4.1, and charges a fee of $3 when the fund is sold one year later for $109.3. What is the net rate of return from this investment? (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)

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