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Dolly Parton plans to invest in something that will produce a nominal 8% return next year. Being the financial genius that she is, Dolly anticipates
Dolly Parton plans to invest in something that will produce a nominal 8% return next year. Being the financial genius that she is, Dolly anticipates her real rate of return on this investment will be 6%. What does she expect inflation to be next year, using the actual equation? Enter your answer as a % rounded to 2 decimals. For example, if your answer is .43567, enter it as 43.57%
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