Question
If an investment providing a nominal return of 10.52% only offers a real rate of return of 5.75%, then the exact inflation rate (%) is
If an investment providing a nominal return of 10.52% only offers a real rate of return of 5.75%, then the exact inflation rate (%) is closest to ________%. Input your answer without the % sign and round your answer to two decimal places.
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
