One Year Ago,you Purchased 150 Shares of a Stock at a Price

Multiple Choice

One year ago,you purchased 150 shares of a stock at a price of $54.18 a share.Today,you sold those shares for $40.25 a share.During the past year,you received total dividends of $182 while inflation averaged 4.2 percent.What is your approximate real rate of return on this investment?

A) -24.20 percent
B) -27.67 percent
C) -20.00 percent
D) 20.00 percent
E) 24.20 percent