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 8 (1 point)

 

Tom purchased 100 shares of Dalia Co. stock at a price of $123.47 four months ago. He sold all stocks today for $125.23. During the year the stock paid dividends of $7.44 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)

Your Answer:

Posted in Uncategorized