You invested $50,000 in a mutual fund at the beginning of the year when the NAV was $68.23. At the end of the year, the fund paid $.32 in short-term distributions and $.49 in long-term distributions. If the NAV of the fund at the end of the year was $72.59, what was your return for the year? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Rate of return

%