Last year, you purchased a stock at a price of $53 a share. Over the course of
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Last year, you purchased a stock at a price of $53 a share. Over the course of the year, you received $1.6 in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $55.1 a share. What is your approximate real rate of return on this investment?
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Related Book For
Financial Markets and Institutions
ISBN: 978-0077861667
6th edition
Authors: Anthony Saunders, Marcia Cornett
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