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2.One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the...

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Finance

2.One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the stock has a market price of $39.43 per share, compared to Bill's purchase price of $45.85 a share. During the year, Bill collected dividends of $0.83 per share. Compute Bill's realized rate of return for the year? Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34).

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