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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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