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Homework #5E (HPR Annualized holding period return Effective annual rate on investment) 9

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Homework #5E (HPR Annualized holding period return Effective annual rate on investment)
Finance
Question 8(1 point)
Tom purchased 100 shares of Dalia Co. stock at a price of $123.47 four months ago. He sold all stocks today for $125.23. During the year the stock paid dividends of $7.44 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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