1. Mary purchased 100 shares of Sweet Pea Co. stock at a price of $47.28 six months ago. She sold all stocks today for $47.59. During that period the stock paid dividends of $1.65 per share. What is Marys effective annual rate?

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

2. Tom purchased 100 shares of Dalia Co. stock at a price of $124.39 four months ago. He sold all stocks today for $122.06. During the year the stock paid dividends of $5.12 per share. What is Toms effective annual rate?

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)