Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)
February 19th, 2023
Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)FinanceQuestion 7 (1 point) Mary purchased 100 shares of Sweet Pea Co. stock at a price of $40.31 six months ago. She sold all stocks today for $45.36. During that period the stock paid dividends of $1.25 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)Your Answer: