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Suppose you purchased 4 1 securities for $ 2 5 . 2 9 per security and sold them for $ 3 0 . 3 2

Suppose you purchased 41 securities for $25.29 per security and sold them for $30.32 per security. Assume that the securities did not make any income payments. What is your effective annual return (EAR) if the securities are sold after one month?
[Enter the answer in as a percent (e.g.5.55%=5.55)- not a decimal]

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