Last year, you purchased a stock of Green Tech Solutions at a price of $50 a share. Over the course of the year, you received $2.00 in dividends, and inflation averaged 1.8%. Today, you sold your shares for $55.50 a share. What is your approximate real rate of return on this investment? a. 8.2% b. 7.6% c. 10.5% d. 13.0% e. 5.1%

Last year, you purchased a stock of Green Tech Solutions at a price of $50 a share. Over the course of the year, you received $2.00 in dividends, and inflation averaged 1.8%. Today, you sold your shares for $55.50 a share. What is your approximate real rate of return on this investment? a. 8.2% b. 7.6% c. 10.5% d. 13.0% e. 5.1%

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

8th Edition

ISBN:9781285065137

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter8: Risk And Rates Of Return

Section: Chapter Questions

Problem 6DQ

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