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If the nominal interest rate per year is 10% and the inflation rate is 4%, what is the real rate of interest? A. 4.1% B.

If the nominal interest rate per year is 10% and the inflation rate is 4%, what is the real rate of interest?

A. 4.1%

B. 10.0%

C. 14.0%

D. 5.77%

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