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Question 7 (1 point) Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.96 six months ago. She sold all stocks

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Question 7 (1 point) Mary purchased 100 shares of Sweet Pea Co. stock at a price of $44.96 six months ago. She sold all stocks today for $47.04. During that period the stock paid dividends of $2.53 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 Next Page Page 7 of 8

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