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An investment provides an annual return of 7%. Over the same period, the annual inflation rate was 3%. What is the real annual growth in
An investment provides an annual return of 7%. Over the same period, the annual inflation rate was 3%. What is the real annual growth in purchasing power?
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
