What was the effective annual rate return in percent of the


On June 24, 2016, the Dow Jones Industrial Average opened at $18,011.07 and closed at $17,400.75. What was the daily return that day, and what was the effective annual rate return (in percent) of the stock market that day?

Daily Return: ______________%

EAR: ______________%

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Financial Management: What was the effective annual rate return in percent of the
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