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Say you own an asset that had a total return last year of 15 percent. Assume the inflation rate last year was 4.3 percent. Required:
Say you own an asset that had a total return last year of 15 percent. Assume the inflation rate last year was 4.3 percent. |
Required: |
What was your real return? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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