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You purchase a share of stock for $57.75. The next year it pays a dividend of $2.85 per share and the price moves to $64.15.
You purchase a share of stock for $57.75. The next year it pays a dividend of $2.85 per share and the price moves to $64.15. What is your one year rate of return from this stock? (Giver your answer as a percentage rounded to two decimal places; e.g., 3.76 for 3.76%)
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