Question
Tom purchased 100 shares of Dalia Co. stock at a price of $129.91 four months ago. He sold all stocks today for $122.13. During the
Tom purchased 100 shares of Dalia Co. stock at a price of $129.91 four months ago. He sold all stocks today for $122.13. During the year the stock paid dividends of $5.53 per share. What is Toms 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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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
