FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

An investment had a nominal return of 11.2 percent last year. The inflation rate was 3.4 percent. What was the real return on the investment?

An investment had a nominal return of 11.2 percent last year. The inflation rate was 3.4 percent. What was the real return on the investment?

Multiple Choice

  • 8.38%

  • 14.98%

  • 11.00%

  • 7.01%

  • 7.54%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

8.3 Calculate the margin of error in estimating a population mean for these values: a. n = 30,0 = 0.2 b. n 30, 0.9 c. n = 30,0 = 1.5

Answered: 1 week ago

Question

★★★★★
As part of a major renovation at the beginning of the year, Mullins Pharmacy, Inc., sold shelving units (store fixtures) that were 10 years old for $3,000 cash. The original cost of the shelves was...

Answered: 1 week ago

Question

★★★★★
Grover Company has the following data for the production and sale of 2,200 units. $ 700 per unit $490,000 per period $308,000 per period Sales price per unit Fixed costs: Marketing and administrative...

Answered: 1 week ago

Question

★★★★★
You have a portfolio which is comprised of 65 percent of stock A and 35 percent of stock B. What is the expected return on this portfolio in a recession? State of Probability of State Rate of Return...

Answered: 1 week ago

Question

★★★★★
4.1 A centrifugal pump is used to pump water from one tank to another. The difference in height between these tanks is 140m. What is the theoretical minimum power required to pump 15,000kg of water...

Answered: 1 week ago

Question

★★★★★
Kiera has reached a solution and has implemented her plan to minimize angry outbursts during group time. Using the Five-Step Learning Cycle, what next step should Kiera take? Group of answer choices...

Answered: 1 week ago

Question

★★★★★
The location is especially enticing because the State of Georgia offers attractive tax incentives to investors who fund films produced in the state: sales tax exemption plus an across the board flat...

Answered: 1 week ago

Question

★★★★★
Question 1: (a) Design a differentiator (Figure-1) to differentiate an input signal that varies in frequency from 20Hz to about 1KHz. Clearly provide full details of all the design steps and...

Answered: 1 week ago

Question

★★★★★
VUCA-type (volatility, uncertainty, complexity, ambiguity) contemporary contexts and dynamics (for example COVID, financial pressures/economic crisis/ labour market shortages/geo-political tensions)...

Answered: 1 week ago

Previous Question Next Question