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We invested in a financial product last year, which gave us a nominal return of 11.0% We know that the economy experienced an inflation of
We invested in a financial product last year, which gave us a nominal return of 11.0% We know that the economy experienced an inflation of 3.0% last year. Please calculate the real return that we obtained from that financial product last year, Multiple Choice 7.77% 10.77% 721% O 8.63% 14.33%
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