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Assume the real rate of return is 3.08% and the inflation rate is 1.95%. Find the nominal rate of return using the exact formula. Submit

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Assume the real rate of return is 3.08% and the inflation rate is 1.95%. Find the nominal rate of return using the exact formula. Submit 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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