Question
Tom purchased 100 shares of Dalia Co. stock at a price of $127.07 four months ago. He sold all stocks today for $127.07. During the
Tom purchased 100 shares of Dalia Co. stock at a price of $127.07 four months ago. He sold all stocks today for $127.07. During the year the stock paid dividends of $6.66 per share. What is Tom's effective annual rate?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
