3. What was the real rate of return over the past year (from one year ago to today) for a stock if the inflation rate over the past year was 5.35%, the risk-free return over the past year was 7.69%, the stock is currently priced

at $48.58, the stock was priced at $46.26 one year ago, and the stock just paid a dividend of $2.55?

O 10.53% (plus or minus 0.02 percentage points)

O 2.22% (plus or minus 0.02 percentage points)

O 7.69% (plus or minus 0.02 percentage points)

O 4.91% (plus or minus 0.02 percentage points)

O None of the above is within 0.02 percentage points of the answer