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Question 11 (1 point) An investor purchased a stock for $1.61 per share, held it for one year, and sold it for $3.03 a share.

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Question 11 (1 point) An investor purchased a stock for $1.61 per share, held it for one year, and sold it for $3.03 a share. The stock did not pay a dividend. Inflation for that year was 3.2%. What is the real rate of return on this investment? 84.63% 82.36% 75.17% 85.00% 88.20%

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