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MC algo 10-3 Approximate Real Return Last year, you purchased a stock at a price of $68.00 a share. Over the course of the year,
MC algo 10-3 Approximate Real Return Last year, you purchased a stock at a price of $68.00 a share. Over the course of the year, you received $2.80 per share in dividends and inflation averaged 3.3 percent. Today, you sold your shares for $73.50 a share. What is your approximate real rate of return on this investment? Multiple Choice O 12.2% 4.8% 8.9% 15.5%
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