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You put up $50 at the beginning of the year for an investment. The value of the investment grows 4% and you received a dividend
- You put up $50 at the beginning of the year for an investment. The value of the investment grows 4% and you received a dividend of $3.50. Assuming there was 2.5% inflation during the year, your inflation-adjusted or real Total Return was _____
- 9.25 %
- 8.50 %
- 6.50 %
- 7.25 %
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259103292
