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Struggling with this one. Any help is appreciated. Thx! Assume that the expected rates of inflation over the next 5 years are 4 percent, 7

Struggling with this one. Any help is appreciated. Thx!

Assume that the expected rates of inflation over the next 5 years are 4 percent, 7 percent, 10 percent, 8 percent, and 6 percent, respectively. What is the average expected inflation rate over this 5-year period?

6%

9%

8%

5%

7%

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