Question
Large-cap stocks had the nominal rates of return of 13.09 percent. The rate of inflation during the last year was 1.52 percent. What is the
Large-cap stocks had the nominal rates of return of 13.09 percent. The rate of inflation during the last year was 1.52 percent. What is the real rate of return for large-cap stocks?
Round the answer to two decimal places in percentage form.(Write the percentage sign in the "units" box)
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
