John purchased 100 shares of black forest inc stock at a


John purchased 100 shares of Black Forest Inc. stock at a price of $153.77 three months ago. He sold all stocks today for $161.14. During this period the stock paid dividends of $4.02 per share. What is John’s annualized holding period return (annual percentage rate)?

Round the answers to two decimal places in percentage form.

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Financial Management: John purchased 100 shares of black forest inc stock at a
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