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An investor bought a stock for $ 1 7 ( at t = 0 ) and one year later it paid a $ 0 dividend

An investor bought a stock for $17(at t=0) and one year later it paid a $0 dividend (at t=1). Just after the dividend was paid, the stock price was $13(at t=1). Inflation over the past year (from t=0 to t=1) was 9% pa, given as an effective annual rate. Which of the following statements is NOT correct? All answer options are rounded to 6 decimal places. The stock investment produced a:
Select one:
a.
Nominal capital return of -23.529412% pa.
b.
Nominal income return of 0% pa.
c.
Real capital return of -16.647059% pa.
d.
Real income return of 0% pa.
e.
Real total return of -29.843497% pa.

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