Question
Suppose you earned nominal return of 10 percent on your investment last year. If the inflation rate last year was 3.3 percent, what was
Suppose you earned nominal return of 10 percent on your investment last year. If the inflation rate last year was 3.3 percent, what was your real rate of return on this investment? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
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