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Assume the real rate of return was 1 0 . 2 0 percent on your investments for a time period when the risk - free

Assume the real rate of return was 10.20 percent on your investments for a time period when the risk-free rate was 3.4 percent and the inflation rate was 2.1 percent. What was the nominal (same as quoted rate) rate of return for the period?
Hint: One of the data given in the problem is redundant. Use Fischer eqn.
Group of answer choices
10.63 percent
17.77 percent
-11.23 percent
12.51 percent

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