Book Problem 1-04 Compute the real rates of return for the folowing situations assuming that the infation rate is 3 percent. Compute the real rates of return if the rate of inflation was 8 percent Use a minus sign to enter negative values, any Do not round intermediate calculations. Round your answers to one decimal places. On February 1, you bough 80 shares of stock in the Francesca Corporation for $37 a share and a year later you sold it for $40 a sharo During the year, you received a cash dividend of $1.90 a share Real rate of retum at 3% Real rate of retum at 8% b. On August 15. you purchased 130 shares of stock in the Cara Cotton Company at $30 a share and a year later you sold it for $27 a share. During the year, you received dividends of $2.60 a share Real rate of return at 3: % Real rate of return at 8% At the beginning of last year, you invested $2.800 in 30 shares of the Chang Corporation. During the year, Chang paid dividends of $4.00 per share. At the end of the year, you sold the 50 shares for $44 a share Real rate of return at 39 Real rate of return at 0%