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An investment offers a total return of 14 percent over the coming year. Powell Arms thinks the total real return on this investment will
An investment offers a total return of 14 percent over the coming year. Powell Arms thinks the total real return on this investment will be only 9 percent. What does Powell believe the inflation rate will be over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Inflation rate 5.00 %
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