Problem 7-14 Nominal and Real Returns [LO4] An investment offers a total return of 10 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 5 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.)

Inflation rate

%