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The price of a stock is $43 at the beginning of the year and $59 at the end of the year. If the stock paid
The price of a stock is $43 at the beginning of the year and $59 at the end of the year. If the stock paid a $2 dividend and inflation was 1%, what is the real holding-period return for the year? (Hint: Use the Fisher exact equation). Round your answer to the nearest two decimals. State your answer as percentage and not as decimal (i.e. 5.21 and not 0.052). Do not use the \% symbol
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