Find real? holding-period return

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This is your first time investing with your own money. After extensive? research, you decide that? P&G is a good company to invest in and you know that? P&G is a great dividend stock. You bought the shares at? $55 at the beginning of the? year, unfortunately, the stock price dropped to? $50 at the end of the year. But as? expected, you received? $3 dividend from? P&G before the end of the year. Assuming inflation was? 3%, what is the real? holding-period return for the? year?

Reference no: EM132710137

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