1. Last year, you purchased a stock at a price of $60.00 a share. Over the course of the year, you received $3.20 in dividends and inflation averaged 2.6 percent. Today, you sold your shares for $65.90 a share. What is your approximate real rate of return on this investment?
7.2 percent
12.4 percent
15.2 percent
17.8 percent
12.6 percent
2. Which ONE of the following would increase the ICO?
A. A decrease in an Opportunity Cost
B. A decrease in the value of a replaced asset
C. A Sunk Cost
D. A decrease in NWC