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Problem 9-6 Fisher Effect (L04, CFA4) Your investments increased in value by 12.0 percent last year, but your purchasing power increased by only 7.2 percent.

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Problem 9-6 Fisher Effect (L04, CFA4) Your investments increased in value by 12.0 percent last year, but your purchasing power increased by only 7.2 percent. What was the approximate inflation rate? (Enter your answer as a percent rounded to 1 decimal place.) Inflation rate

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