Question
John purchased 100 shares of Black Forest Inc. stock at a price of$157.61 three months ago. He sold all stocks today for$158.06. During this period
John purchased 100 shares of Black Forest Inc. stock at a price of$157.61 three months ago. He sold all stocks today for$158.06. During this period the stock paid dividends of$6.22 per share. What is John's annualized holding period return (annual percentage rate)?
Round the answers to two decimal places in percentage form.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
