Question
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.21 six months ago. She sold all stocks today for $42.71. During
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.21 six months ago. She sold all stocks today for $42.71. During that period the stock paid dividends of $2.19 per share. What is Mary's effective annual rate?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
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