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Derek buys 200 shares of Mugatu Corp. common stock for $42.3 per share. One year later, he sells all of his shares for $47.53 per
Derek buys 200 shares of Mugatu Corp. common stock for $42.3 per share. One year later, he sells all of his shares for $47.53 per share. During the one year period, the corporation paid out $2.94 per share in dividends. What is the total percent return over the year? Submit your final answer as a percentage rounded to two decimal places
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