Last year, Marsha purchased a stock at a price of $21.36 a share. Over the course of the year, she received $.60 in dividends per share while inflation averaged 3.2%. Today, Marsha sold her shares for $22.80 a share. What is Marsha's real rate of return on this investment?
A) 5.85%
B) 6.15%
C) 6.30%
D) 6.44%
E) 6.51%
Correct Answer:
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