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Assume the real rate of return is 4.90% and the inflation rate is 2.04%. Find the nominal rate of return using the exact formula. Answer
Assume the real rate of return is 4.90% and the inflation rate is 2.04%. Find the nominal 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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