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The Inflation rate over the past year was 2.3 percent. If an Investment had a real return of 7.5 percent, what was the nominal return

The Inflation rate over the past year was 2.3 percent. If an Investment had a real return of 7.5 percent, what was the nominal return on the Investment? Multiple Choice 4.84% 10.53% O 5.08% 9.97% 11.08%

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