Question: 8'12 .nl 56 C} 4 Mail AA 8 |earn.umgc.edu C Homework #5E (H PR, Annualized holding period return, Effective annual rate on investment) X Est.

8'12 .nl 56 C} 4 Mail AA 8 |earn.umgc.edu C Homework #5E (H PR, Annualized holding period return, Effective annual rate on investment) X Est. Length: 2:00:00 Amanda Preston: Attempt 1 Next Page Page 8 of 8 Question 8 (1 point) Tom purchased 100 shares of Dalia Co. stock at a price of $120.02 four months ago. He sold all stocks today for $124.51. During the year the stock paid dividends of $7.42 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) Your

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