What was the real rate of return over the past year (from one year ago to today) for a stock if the inflation rate over the past year was 5.39%, the risk-free return over the past year was 7.22%, the stock is currently priced at $48.65, the stock was priced at $46.50 one year ago, and the stock just paid a dividend of $2.27?

		9.51% (plus or minus 0.02 percentage points)
		1.74% (plus or minus 0.02 percentage points)
		7.22% (plus or minus 0.02 percentage points)
		3.90% (plus or minus 0.02 percentage points)
		None of the above is within 0.02 percentage points of the answer