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Dave bought a rental property for $695,000 cash. One year later, he sold it for $675,000. Suppose Dave invested only $62,000 of his own money

Dave bought a rental property for $695,000 cash. One year later, he sold it for $675,000. Suppose Dave invested only $62,000 of his own money and borrowed $633,000 interest-free from his rich father. What was his return on investment?

Note: Negative amount should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places.

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