Question
Last year, you purchased a stock at a price of GHS 47.10 a share. Over the course of the year, you received GHS 2.40 per
Last year, you purchased a stock at a price of GHS 47.10 a share. Over the course of the year, you received GHS 2.40 per share in dividends while inflation averaged 3.4 percent. Today, you sold your shares for GHS 49.50 a share. What is your approximate real rate of return on this investment?
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
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