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Suppose you bought a share of Nike stock for $89 last year. You received $3.52 in dividends this year and the stock currently sells for
Suppose you bought a share of Nike stock for $89 last year. You received $3.52 in dividends this year and the stock currently sells for $97 per share. If the inflation rate last year was 2.3 percent, what was your total real rate of return on this investment (Hint: Use the Fisher effect)? A. 10.4 percent B. 12.9 percent C. -10.0 percent D. 8 percent
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