(Answered) You purchased a share of stock for 5800 at the end of a

Finance

You purchased a share of stock for $58.00. At the end of a quarter, the stock paid a dividend of $0.75, and you sold it for $63.00 right after receiving the dividend. Refer to the information above. What was your total rate of return on this investment?

Round your answer to the nearest tenth of a percent.

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