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Assume the nominal rate of return is 11.51% and the inflation rate is 3.03% . Find the real rate of return using the exact formula.

Assume the nominal rate of return is

11.51%

and the inflation rate is

3.03%

. Find the real rate of return using the exact formula.\ Answer format: Percentage Round to: 2 decimal places (Example:

9.24%,%

sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

image text in transcribed
Assume the nominal rate of return is 11.51% and the inflation rate is 3.03%. Find the real rate of return using the exact formula. Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924) )

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