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Last year, you purchased a stock at a price of $76.74 a shar…
Last year, you purchased a stock at a price of $76.74 a share. Over the course of the year, you received $1.79 per share in dividends and inflation averaged 2.30 percent. Today, you sold your shares for $96.84 a share. What is your approximate real rate of return on this investment?
Last year, you purchased a stock at a price of $76.74 a shar…
Questions
Lаst yeаr, yоu purchаsed a stоck at a price оf $76.74 a share. Over the course of the year, you received $1.79 per share in dividends and inflation averaged 2.30 percent. Today, you sold your shares for $96.84 a share. What is your approximate real rate of return on this investment?