Last year, you purchased a stock at a price of $$60\mathrm{.}00$ a share.

Over the course of the year, you received $$1\mathrm{.}60$ in dividends and

inflation averaged $2\mathrm{.}1$ ercent. Today, you sold your shares for

$$64\mathrm{.}50$ a share. What is your approximate real rate of return on

this investment?$7\mathrm{.}2$ percent$12\mathrm{.}4$ percent$15\mathrm{.}2$ percent$17\mathrm{.}8$ percent$12\mathrm{.}6$ percent