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Jack purchased a share one year ago for $7.46, and it is now worth $17.01. The share paid a dividend of $1.80 during the year.

Jack purchased a share one year ago for $7.46, and it is now worth $17.01. The share paid a dividend of $1.80 during the year. What was the share's income rate of return during the year? (as a percentage to the nearest two decimal points. dont use % sign. eg 2.881% is 2.88)

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