The price of a stock is

$55

at the beginning of the year and

$50

at the end of the year. If the stock paid a

$3

dividend and inflation was

3%

, wha real holding-period return for the year?\ Multiple Choice\

-3.64%

\

-6.36%

\

-6.44%

\

-11.74%

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The price of a stock is $55 at the beginning of the year and $50 at the end of the year. If the stock paid a $3 dividend and inflation was 3%, whe real holding-period return for the year? Multiple Choice 3.64% 6.36% 6.44% 11.74%