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a high-tech in San Diego, whose stock trades on the NYSE exchange uses a MARR of 26.6% per year. If the chief financial officer (CFO)

a high-tech in San Diego, whose stock trades on the NYSE exchange uses a MARR of 26.6% per year. If the chief financial officer (CFO) said the company expects to make a real rate of return of 20% per year on its investments over the next 3-year period, what is the company expecting the annual inflation rate to be over that time period?

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