Question
Tom purchased 100 shares of Dalia Co. stock at a price of $129.90 four months ago. He sold all stocks today for $124.92. During the
Tom purchased 100 shares of Dalia Co. stock at a price of $129.90 four months ago. He sold all stocks today for $124.92. During the year the stock paid dividends of $6.08 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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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
