Question
Tom purchased 100 shares of Dalia Co. stock at a price of $127.43 four months ago. He sold all stocks today for $126.85. During the
Tom purchased 100 shares of Dalia Co. stock at a price of $127.43 four months ago. He sold all stocks today for $126.85. During the year the stock paid dividends of $5.36 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 Management Principles And Practices
Authors: Timothy J. Gallagher
9th Edition
1954156103, 978-1954156104
