question archive Mary purchased 100 shares of Sweet Pea Co
Mary purchased 100 shares of Sweet Pea Co
Subject:FinancePrice: Bought3
Mary purchased 100 shares of Sweet Pea Co. stock at a price of $43.20 six months ago. She sold all stocks today for $46.51. During that period the stock paid dividends of $2.91 per share. What is Mary’s effective annual rate? Round the answers to two decimal places in percentage form?
