Question
Tom purchased 100 shares of Dalia Co. stock at a price of $128.36 four months ago. He sold all stocks today for $123.13. During the
Tom purchased 100 shares of Dalia Co. stock at a price of $128.36 four months ago. He sold all stocks today for $123.13. During the year the stock paid dividends of $6.10 per share. What is Toms effective annual rate?
Round the answers to two decimal places in percentage form.
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
