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Todd purchased 2 0 0 shares of Packer Corp. stock at $ 4 3 . 1 1 per share on 1 1 ? 2 0

Todd purchased 200 shares of Packer Corp. stock at $43.11 per share on 11?2022. He sold the shares on 1231?2022 for $44.49. Packer stock has a beta of 1.8. The current risk-free rate of return is 2.1%, and the market risk premium is 5.8%. What was Todd's holding period return on Packer Corp. stock over the year? Submit your answer as a percentage and round to two decimal points (Ex.0.00%).
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