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Suppose you invest $100,000 today and in 3 years have $250,000. At the time of your investment the Consumer Price Index (CPI) is 106. Assume

Suppose you invest $100,000 today and in 3 years have $250,000. At the time of your investment the Consumer Price Index (CPI) is 106. Assume that in 3

years the CPI is 167. (answer to two decimals; eg, 12.34%)

a. What is your nominal annual rate of return? ___%

b. What is your real annual rate of return? ___%

c. What is the average annual inflation rate? ___%%

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