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The price of the stock of Clarkson Corporation went from ( $ 49 ) to ( $ 53 ) last year. The firm also paid

The price of the stock of Clarkson Corporation went from \$ \\$ 49 \$ to \$ \\$ 53 \$ last year. The firm also paid \$ \\$ 6 \$ in dividends. Compute the rate of.return. (Keep two decimal places in your answer)

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