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QUESTION
Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)
Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)
Finance
Question 7 (1 point)
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.31 six months ago. She sold all stocks today for $45.36. During that period the stock paid dividends of $1.25 per share. What is Mary’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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