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If an investor requires a real return of 3% and the average inflation rate is 4%, what is the lowest acceptable return for the investor?
If an investor requires a real return of 3% and the average inflation rate is 4%, what is the lowest acceptable return for the investor?
Hint: use the exact method
| 3% | ||
| 7% | ||
| 7.1% | ||
| 2.9% |
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Practical Financial Management
Authors: William R. Lasher
4th Edition
0324260768, 9780324260762
