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4 The inflation rate over the past year was 6.1 percent. If an investment had a real return of 7.4 percent, what was the nominal

4

The inflation rate over the past year was 6.1 percent. If an investment had a real return of 7.4 percent, what was the nominal return in percentage on this investment?

5.07

13.95

-1.21

4.62

7.14

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