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Last year, you purchased a stock at a price of $53 a share. Over the course of the year, you received $2 in dividends and
Last year, you purchased a stock at a price of $53 a share. Over the course of the year, you received $2 in dividends and inflation averaged 2.8 percent. Today, you sold your shares for $53.9 a share. What is your approximate real rate of return on this investment?
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