Problem 11-9 Real versus Nominal Returns (LO2) The Costaguanan stock market provided a rate of return of 98%. The inflation rate in Costaguana during the year was 83%. In the Ruritania, in contrast, the stock market return was only 15%, but the inflation rate was only 3%. Calculate the real rate of return for both the Costaguana and the Ruritania stock markets. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Real Rate of Return Costaguana Ruritania Which country's stock market provided the higher real rate of return? Costaguana Ruritania