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Sue purchased a stock for $18 a share, held it for one year, received a $2.10 dividend, and sold the stock for $26. What exact

Sue purchased a stock for $18 a share, held it for one year, received a $2.10 dividend, and sold the stock for $26. What exact real rate of return did she earn if the inflation rate during that year is 3.90 %?

Multiple Choice

  • 75.38%

  • 50.25%

  • 40.20%

  • 60.30%

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