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You purchased shares of stock one year ago at a price of $63.91 per share. During the year, you received dividend payments of $2.05 and
You purchased shares of stock one year ago at a price of $63.91 per share. During the year, you received dividend payments of $2.05 and sold the stock for $71.03 per share. If the inflation rate during the year was 2.63%, what was your real return?
A. 11.42%
B. 17.36%
C. 8.29%
D. 14.39%
E. 10.17%
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