One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the stock has a market price of $52.73 per share, compared to Bill's purchase price of $47.94 a share. During the year, Bill collected dividends of $2.35 per share. Compute Bill's realized rate of return for the year? Answer as a percentage, 2 decimal places (e.g., 12.34\% as 12.34)