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One year ago you purchased 100 shares of southern cotton at $23.69 a share. During the past year, you received $1.37 per share in dividends.
One year ago you purchased 100 shares of southern cotton at $23.69 a share. During the past year, you received $1.37 per share in dividends. Today you sold your shares for $24.38 a share. What is your holding period return on this investment? Submit your answer as a percentage and round to two decimal places
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