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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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