The Narnian stock market had a rate of return of 45% last year, but the inflation rate

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The Narnian stock market had a rate of return of 45% last year, but the inflation rate was 30%.

What was the real rate of return to Narnian investors?

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ISE Investments

ISBN: 9781260571158

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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