You purchased Simple, Co's stock at a price of $$105\mathrm{.}20$ a share

last year. You received $$3\mathrm{.}75$ in dividends during the year. Inflation

has been $3\mathrm{.}25\%$ over the last year. You are selling the share today

earning a real rate of return is $4\mathrm{.}50\%$ from the investment. What

must be Simple, Co's share price today?

Multiple Choice

$$114\mathrm{.}75$

$$105\mathrm{.}20$

$$111\mathrm{.}35$

$$107\mathrm{.}98$

$$109\mathrm{.}76$