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Suppose you bought a share of stock for $25.00 a year ago. the stock sells today for $26.50. During the year the stock paid a

Suppose you bought a share of stock for $25.00 a year ago. the stock sells today for $26.50. During the year the stock paid a dividend of $2.45. If the inflation rate last year was 2.3 percent, what was your total real rate of return on this investment?

Answer: 13.20%

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