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Last year, you purchased a stock at a price of $47...

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Question

Last year, you purchased a stock at a price of $47.10 a share. Over the course of the year, you received $2.40 per share in dividends while inflation averaged 3.4 percent. Today, you sold your shares for $49.50 a share. What is your approximate real rate of return on this investment? 6.79 percent 7.18 percent 9.69 percent 6.30 percent 10.19 percent

 

Paper#5365 | Written in 18-Jul-2015

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