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Last year, you purchased a stock at a price of $74.00 a share. Over the course of the year, you received $2.10 per share in
Last year, you purchased a stock at a price of $74.00 a share. Over the course of the year, you received $2.10 per share in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $77.70 a share. What is your approximate real rate of return on this investment? Multiple Choice O 5.2% 10.4% 7.8% 2.4% 7.6%
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