Nominal versus Real Returns Assume inflation rates have been as follows, 2017: 4.8 per cent; 2016: 4.8
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Nominal versus Real Returns Assume inflation rates have been as follows, 2017: 4.8 per cent; 2016: 4.8 per cent; 2015: 2.4 per cent; 2014: 0.9 per cent; and in 2013:
4.0 per cent.
Calculate the average real return of Lockhart Group and TJC.
Year Lockhart Group (%) TJC (%)
2017 −60.7 −3.6 2016 24.1 37.5 2015 33.6 105.5 2014 −62.3 −61.8 2013 −21.8 −33.2
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780077178239
3rd Edition
Authors: David Hillier, Iain Clacher, Stephen A. Ross
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