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If the inflation rate in 2021 was 6% and it is decreased by 20% in 2022 and the rate of return on investment in
If the inflation rate in 2021 was 6% and it is decreased by 20% in 2022 and the rate of return on investment in 2021 was 10% and it is increased by 15% in 2022, What is the nominal rate of return and the real rate of return in 2022. (2.5 marks).
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
