If you require a real growth in the purchasing power of your investment of 5%, and you expect the rate of inflation over the next

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If you require a real growth in the purchasing power of your investment of 5%, and you expect the rate of inflation over the next year to be 3%, what is the lowest nominal return that you would be satisfied with? a) 8.24% b) 5% c) 3% d) 8.15% e) 7.888%