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Problem 7-14 Nominal and Real Returns (L04) An investment offers a total return of 13 percent over the coming year. Janice Yellen thinks the total

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Problem 7-14 Nominal and Real Returns (L04) An investment offers a total return of 13 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 8 percent What does Janice believe the inflation rate will be over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) 2 Inflation rate 5% ences

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