Note the following data from a typical brokerage statement:

Symbol Qty Last Price Mkt Value Total Cost Avg Unit Cost Total G/L $ DDD 130 $43.00 (a) $4,537.00 $34.90 (b) EDS 20 $76.69 $1,533.80 $1,437.40 $71.87 $96.40

Let's focus on the EDS stock shown above. Assume that you purchased these shares exactly seven months ago, and that the stock has paid dividends totaling $2.40 per share during that time.

Given this info, the annual rate of return for the stock was ______%. (That is, you must calculate the PRR, then convert the seven-month return to an annual basis.)