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Tom purchased 100 shares of Dalia Co. stock at a price of $129.43 four months...

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Finance

Tom purchased 100 shares of Dalia Co. stock at a price of $129.43 four months ago. He sold all stocks today for $125.74. During the year the stock paid dividends of $5.61 per share. What is Toms 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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