You purchase 100 shares of stock for $54 a share. The stock pays a $4 per share dividend at year-end. What is the rate of return on your investment for these end-of-year stock prices? What is your real (inflation-adjusted) rate of return? Assume an inflation rateof 5%.(Round your answers to 2 decimal places. Use the minus sign for negative numbers if it is necessary.)

a.nd-of-year stock price = $49

Rate of return

%Real rate

%

b.nd-of-year stock price = $54

Rate of return

%Real rate

%

c.nd-of-year stock price = $58

Rate of return

%Real rate

%