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Assume the nominal rate of return is 9.03% and the inflation rate is 2.77%. Find the real rate of return using the exact formula

Assume the nominal rate of return is 9.03% and the inflation rate is 2.77%. Find the real rate of return using the exact formula Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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