Question
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $49.91 six months ago. She sold all stocks today for $47.46. During
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $49.91 six months ago. She sold all stocks today for $47.46. During that period the stock paid dividends of $2.79 per share. What is Marys effective annual rate?
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
0324657730, 9780324657739
