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Other Homework Help. UMGC Jack Purchased of Green Forest Inc Stock & Period Return Exercise Example

 

Jack purchased 100 shares of Green Forest Inc. stock of at a price of $157.65 three months ago. He sold all stock today for $158.57. During this period the stock paid dividends of $5.67 per share. What is Jack’s annualized holding period return (annual percentage rate)? Round the answer to two decimal places in percentage form.

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