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Assume the real rate of return is 2.65% and the inflation rate is 4.98%. Find the nominal rate of return using the exact formula. Submit
Assume the real rate of return is 2.65% and the inflation rate is 4.98%. Find the nominal rate of return using the exact formula.
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Answer format: Percentage Round to: -2 decimal places (Example: 0%, % sign required. Will accept decimal format rounded to 0 decimal places (ex: 0))
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
