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Last year you invested $1,000 in an asset that paid no distributions during the year but is now selling for $1,200. If the rate of

Last year you invested $1,000 in an asset that paid no distributions during the year but is now selling for $1,200. If the rate of inflation was 2%, what was your precise real rate of return? 18.00% a. 20.00% 17.07% O c. 19.02% d. None of the above

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