question archive Tom purchased 100 shares of Dalia Co
Tom purchased 100 shares of Dalia Co
Subject:FinancePrice: Bought3
Tom purchased 100 shares of Dalia Co. stock at a price of $128.90 four months ago. He sold all stocks today for $124.22. During the year the stock paid dividends of $5.82 per share. What is Tom’s effective annual rate?
