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Question 8(1 point) Tom purchased 100 shares of Dalia Co. stock at a price of $124.09 four months ago. He sold all stocks today for

Question 8(1 point)

Tom purchased 100 shares of Dalia Co. stock at a price of $124.09 four months ago. He sold all stocks today for $125.72. During the year the stock paid dividends of $6.26 per share. What is Tom's effective annual rate?

Round the answers to two decimal places in percentage form.(Write the percentage sign in the "units" box)

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