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Last year, you purchased a stock at a price of $51.5 a shore. Over the course of the year, you received $2.2 in dividends and
Last year, you purchased a stock at a price of $51.5 a shore. Over the course of the year, you received $2.2 in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $53.9 a share. What is your approximate real rate of return on this investment 11.4 percent 11.5 percent 8.9 percent 6.3 percent 3.2 percent
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