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Q3. Jonas bought an investment one year ago and recently calculated his return on investment. His exact nominal return was 11% and inflation over the

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Q3. Jonas bought an investment one year ago and recently calculated his return on investment. His exact nominal return was 11% and inflation over the period was 4%. What was the exact real return? What was the approximate real return? Does this matter? What benefit is there in calculating either of these values? Discussion

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