Question
H8. Tom purchased 100 shares of Dalia Co. stock at a price of $127.39 four months ago. He sold all stocks today for $123.65. During
H8.
Tom purchased 100 shares of Dalia Co. stock at a price of $127.39 four months ago. He sold all stocks today for $123.65. During the year the stock paid dividends of $7.20 per share. What is Tom's effective annual rate? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
