(Answered) 1 last year you purchased a stock at a price of 53 a share

Finance

1. 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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