( Calculating rates of return ) The common stock of Placo Enterprises had a market price of 10.09 on the day you purchased it just one yoar ago During past year the stock had paid a dividend of and closed at a price of 12.70 rate of return did you earn on your investment in Placo's stock ? The rate of return you eamed on your investment in Placo's stock is ( Round to two decimal places . )

please write answer clearly with the rounded and not rounded answer

Chet) (Calculatings of Dec.2001 con 10000 One the serverado. Wote returnyhewane trendy in the The of you want Round de (Calculating rates of return) The common stock of Placo Enterprises had a market price of $10.09 on the day you purch 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.) 09 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $0.92 and closed at a price of $12.70 What rate of mal places)