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Last year, you purchased a stock at a price of $ 6 0 . 0 0 a share. Over the course of the year, you

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
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