Jack purchased 100 share of Green Forest Inc stock at a price of $157.65 three months ago.
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Question:
Jack purchased 100 share of Green Forest Inc stock at a price of $157.65 three months ago. He sold all stocks today for $158.57. During this period the stock paid $5.67 per share. What is Jack's annualized holding period return (annual percentage rate)?
Round the answer to two decimal places in percentage form. Show your work.
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