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The inflation rate over the past year was 3.4 percent. If an investment had a real return of 8.6 percent, what was the nominal return

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The inflation rate over the past year was 3.4 percent. If an investment had a real return of 8.6 percent, what was the nominal return on the investment? 0 4.79% 12.29% O 13.66% 12.98% O 5.03%

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