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The holding period return for your mutual fund is 15% over the last year. If during the same period the inflation rate was 4%, what
The holding period return for your mutual fund is 15% over the last year. If during the same period the inflation rate was 4%, what is your real rate of return on your investment?
a. 9.87%
b. 10.58%
c. 11%
d. 11.23%
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