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Mary purchased 100 shares of Sweet Pea Co. stock at a price of $43.87 six months ago. She sold all stocks today for $46.72.
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $43.87 six months ago. She sold all stocks today for $46.72. During that period the stock paid dividends of $2.32 per share. What is Mary's effective annual rate? Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Your Answer: Answer units
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To calculate Marys effective annual rate we need to consider the total return she received inc...
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
