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

If the nominal interest rate per year is 10 percent and the inflation rate is 4 percent, what is the exact real rate of Interest? Select one: a. 6 percent b. 14.0 percent c. 5.76 percent d. 10.0 percent

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