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A B D E F G H 1 Q3. Jana bought an investment one year ago and recently calculated the return on investment. The exact
A B D E F G H 1 Q3. Jana bought an investment one year ago and recently calculated the return on investment. The exact real return was 4.75% and inflation over the period was 43 3.25%. What was the exact nominal return? What was the approximate nominal return? Why are the two returns different? Explain. 44 45 46 47 48 49 50 51 52 53
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