What is your effective annual rate of return

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Calculating returns: now suppose the call money rate is 6 percent and your broker charges you a spread of 1.25 percent over thus rate. You hold the stock for six months and sell at a price of $53 per share. The company paid a dividend of $.25 per share the day before you sold your stock. What is your total dollar return from this investment? What is your effective annual rate of return?

Reference no: EM13286425

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