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An investment had a nominal return of 11.6 percent last year. The inflation rate was 4.2 percent. What was the real return on the investment?

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An investment had a nominal return of 11.6 percent last year. The inflation rate was 4.2 percent. What was the real return on the investment? Mulvple Choice 11.46%. 7.89% 710% 663x 16.29x

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