Exactly 8 months ago, Fhloston Corp. common stock was selling for $24.98 per share. Today, shares on the market trade for $28.39 per share. If you bought the stock 8 months ago, what would your effective annual return on the stock be? Submit your final answer as a percentage rounded to two decimal places (Ex. 0.00%)

Master Chegg,

Can you explain how you got the answer step by step.

I dont want to copy the answer I want to learn it if you can do it by calculator that would be great!

One thumb is what I can offer.