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John purchased 100 shares of Soft Drink Co. stock at a price of $71.25 three months ago. He sold all stocks today for $68.91. During
John purchased 100 shares of Soft Drink Co. stock at a price of $71.25 three months ago. He sold all stocks today for $68.91. During that period the stock paid dividends of $4.00 per share. What is John's effective annual rate? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "unirs" box)
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Governance Of Financial Management
Authors: John Carver, Miriam Carver
1st Edition
0470392541, 9780470392546
