Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If you made a 15% return on your stock investments in the last year and the inflation was 5% during the same period, what was

If you made a 15% return on your stock investments in the last year and the inflation was 5% during the same period, what was your real return (i.e. net of inflation)?

a) 15.0%

b) 20.5%

c) 10.0%

d) 9.5%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Applied Financial Macroeconomics And Investment Strategy

Authors: Robert T McGee

1st Edition

1137428394, 978-1137428394

More Books

Students also viewed these Finance questions

Question

What is the status (prevalence) of unions today?

Answered: 1 week ago