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Last year. you purchased a stock at a price of $72.00 a share. Over the course of the year. you received $3.40 in dividends and

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Last year. you purchased a stock at a price of $72.00 a share. Over the course of the year. you received $3.40 in dividends and inflation averaged 2.8 percent. Today. you sold your shares for $78.00 a share. What is your approximate real rate of return on this investment? 11.1 percent 15.9 percent 10.3 percent 13.1 percent 5.5 percent

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