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Consider the following information on large - company stocks for a period of years. Arithmetic Mean Large - company stocks 1 3 . 9 %

Consider the following information on large-company stocks for a period of years.
Arithmetic Mean
Large-company stocks 13.9%
Inflation 3.3
What was the arithmetic average annual return on large-company stocks in nominal terms?
What was the arithmetic average annual return on large-company stocks in real terms?

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