What is mary effective annual rate

Reference no: EM131994911

Question: Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.41 six months ago. She sold all stocks today for $47.21. During that period the stock paid dividends of $1.40 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)

Reference no: EM131994911

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