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Mary purchased 100 shares of Sweet Pea Co. stock at a price of $43.47 six months ago. She sold all stocks today for $47.97. During

Mary purchased 100 shares of Sweet Pea Co. stock at a price of $43.47 six months ago. She sold all stocks today for $47.97. During that period the stock paid dividends of $1.41 per share. What is Marys effective annual rate?

Round the answers to two decimal places in percentage form.

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