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an investment had a nominal return of 9.4 percent last year. the inflation rate was 2.1 percent. what was the real return on the investment?

an investment had a nominal return of 9.4 percent last year. the inflation rate was 2.1 percent. what was the real return on the investment?
7.15%
11.70%
6.67%
9.19%
7.94%

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