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John purchased 100 shares of SoftDrink Co. stock at a price of $71.73 four years ago. He sold all stocks today for $75.76. During that

John purchased 100 shares of SoftDrink Co. stock at a price of $71.73 four years ago. He sold all stocks today for $75.76. During that period the stock paid dividends of $3.98 per share. What is Johns effective annual rate(compound annual rate)?

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