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Jack purchased a share one year ago for $6.43, and it is now worth $16.68. The share paid a dividend of $1.97 during the year.

Jack purchased a share one year ago for $6.43, and it is now worth $16.68. The share paid a dividend of $1.97 during the year. What was the share'sincome rate of returnduring the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)

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