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An investment has a current price of $88 and has paid a $5 dividend over the holding period. If the investment was purchased for$82 and

An investment has a current price of $88 and has paid a $5 dividend over the holding period. If the investment was purchased for$82 and inflation has been 3%, what is the nominal return for the investment? Enter your answer as a percentage to two decimals with no % sign.

Note: Please show work without the use of a financial calculator.

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An investment has a current price of $88 and has paid a $5 dividend over the holding period. If the investment was purchased for$82 and inflation has been 3%, what is the nominal return for the investment? Enter your answer as a percentage to two decimals with no % sign

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