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John purchased 200 shares of AI Inc. a year ago. He bought the stock for $25.00. Over the year, AI Inc. paid out $6.00 per
John purchased 200 shares of AI Inc. a year ago. He bought the stock for $25.00. Over the year, AI Inc. paid out $6.00 per share in dividends on its common stock. Today John sells all of his shares at the current market price, $30.00 per share. What is his holding period return over the year? Submit your answer as a percentage and round to two decimal places.
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