Last year, you purchased a stock at a price of $51.5 a share. Over the course of the year, you received $2.2 in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $55.1 a share. What is your approximate real rate of return on this investment?

13.8 percent

4.3 percent

11.3 percent

8.7 percent

13.9 percent

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