Tom purchased 100 shares of dalia co stock at a price of, Financial Management

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Tom purchased 100 shares of dalia co stock at a price of

Tom purchased 100 shares of Dalia Co. stock at a price of $125.54 four months ago. He sold all stocks today for $124.60. During the year the stock paid dividends of $7.30 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)

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