Question
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.73 six months ago. She sold all stocks today for $43.30. During
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.73 six months ago. She sold all stocks today for $43.30. During that period the stock paid dividends of $1.26 per share. What is Mary's effective annual rate?
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
