Tom purchased 100 shares of dalia co stock at a price of, Ask an Expert

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Tom purchased 100 shares of Dalia Co. stock at a price of $120.89 four months ago. He sold all stocks today for $122.97. During the year the stock paid dividends of $5.42 per share. What is Tom’s 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, Finance

Category:- Financial Management
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