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You purchased shares of stock one year ago at a price of $64.13 per share. During the year, you received dividend payments of $2.09 and
You purchased shares of stock one year ago at a price of $64.13 per share. During the year, you received dividend payments of $2.09 and sold the stock for $71.25 per share. If the inflation rate during the year was 2.71 percent, what was your real return?
10.07%
17.46%
11.34%
14.40%
8.17%
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