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An investment offers a 10 percent total return over the coming year. Jim Flaherty thinks the total real return on this investment will be only

An investment offers a 10 percent total return over the coming year. Jim Flaherty thinks the total real return on this investment will be only 6 percent.

What does Jim believe the inflation rate will be over the next year? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Inflation rate %

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