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Tom purchased 100 shares of Dalia Co. stock of at a price of $129.49 four months ago. He sold all stocks today for $125.12. During

Tom purchased 100 shares of Dalia Co. stock of at a price of $129.49 four months ago. He sold all stocks today for $125.12. During the year the stock paid dividends of $5.80 per share. What is Toms effective annual rate?

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