In August 2020, an Egyptian investor chooses to invest 11,448,000 Egyptian Pounds in European equity securities at a then current spot rate of 19.08 EGP/. In one year, the spot rate is 19.38 EGP/. At an average price of 25/share and selling the stock in one year at an average price per share of 30, what was the investor's rate of return on the Euro when closing out the trade (before converting the proceeds back into Egyptian Pounds)? (Answer in percent, without a percentage sign, and rounded to two decimals.)