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Assume the inflation rate is 2.33% APR, compounded annually. Would you rather earn a nominal return of 4.89% APR, compounded semiannually, or a real return

Assume the inflation rate is 2.33% APR, compounded annually. Would you rather earn a nominal return of 4.89% APR, compounded semiannually, or a real return of 2.51% APR, compounded quarterly?

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