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please help (Calculating rates of return) The common stock of Placo Enterprises had a market price of $9.69 on the day you purchased it just

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(Calculating rates of return) The common stock of Placo Enterprises had a market price of $9.69 on the day you purchased it just one year ago. During the past year the stock had paid a dividend of $1.27 and closed at a price of $11.17. What rate of return did you eam on your investment in Placo's stock? The rate of return you earned on your investment in Paco's stock is L %. (Round to two decimal places.)

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