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You purchased shares of stock one year ago at a price of $63.14 per share. During the year, you received dividend payments of $1.91 and

You purchased shares of stock one year ago at a price of $63.14 per share. During the year, you received dividend payments of $1.91 and sold the stock for $70.26 per share. If the inflation rate during the year was 2.35 percent, what was your real return?

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