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An investment had a nominal return of 10.0 percent last year. The inflation rate was 3.3 percent. What was the real return on the investment?

An investment had a nominal return of 10.0 percent last year. The inflation rate was 3.3 percent. What was the real return on the investment?

7.21%

6.49%

13.63%

9.86%

6.09%

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