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please use formulas Your investment in Roy Roy, Inc. provided you a real rate of return of 3.7 percent last year. The inflation rate last
please use formulas
Your investment in Roy Roy, Inc. provided you a real rate of return of 3.7 percent last year. The inflation rate last year was 2.2 percent. What was the nominal rate of return on your investment? 1.50 percent 1.06 percent 5.98 percent 1.01 percent 5.90 percent Step by Step Solution
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