You purchased a share of stock for exist29. One year later you received exist2.25 as dividend and sold the share for exist28. Your holding-period return was ______. A) - 3.57% B) 8.03% C) - 3.45% D) 4.31% If you are promised a nominal return of 12% on a 1 -year investment, and you expect the rate of inflation to be 3%, what real rate do you expect to earn? A) 5.48% B) 9% C) 8.74% D) 12%