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An investment had a nominal return of 10.5 percent last year. The inflation rate was 4.3 percent. What was the real return on the investment?

An investment had a nominal return of 10.5 percent last year. The inflation rate was 4.3 percent. What was the real return on the investment?

6.60%

15.25%

5.61%

10.43%

5.94%

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