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Rate of return from capital appreciation during the year

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Reference no: EM132008351

Jill purchased a share one year ago for $9.75, and it is now worth $13.51. The share paid a dividend of $1.20 during the year. What was the share's rate of return from capital appreciation during the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)

Reference no: EM132008351

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