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A year ago, you purchased 200 common stock for $34.82 per share. The stock issued...

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Finance

A year ago, you purchased 200 common stock for $34.82 per share. The stock issued an annual cash dividend of $1.45 per share. If the current stock price is $32.22 and inflation has been 2.2% during the past year, calculate the investments real rate of return using the exact formula.

Select one:

a.

2.91%

b.

-5.38%

c.

1.44%

d.

3.64%

e.

-3.95%

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