Question
last year you purchased a stock at a price of 60.00 a share. over the course of the year you received 2.90 per share in
last year you purchased a stock at a price of 60.00 a share. over the course of the year you received 2.90 per share in dividends and inflation averaged 3.4 percent. today you sold your shares for 65.60 a share. what is your approximate real rate of return on this investment?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
