Last year, you purchased a stock at a price of $58.00 a share. Over the course of the year, you received $2.60 per share in dividends and inflation averaged 3.1 percent. Today, you sold your shares for $61.40 a share. What is your approximate real rate of return on this investment?

13.4%

7.2%

10.3%

9.0%

2.8%