$($Calculating rates of return$)$ The common stock of Placo Enterprises had a market price of $$8\mathrm{.}74$ on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $$1\mathrm{.}47$ and closed at a price of $$10\mathrm{.}76.$ What rate of return did you earn on your investment in Placo's stock?

The rate of return you earned on your investment in Placo's stock is $\%.($Round to two decimal places.$)$