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You estimate that an investment of yours has generated a nominal rate of return of 14% p.a. Over that same period of time, inflation has

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You estimate that an investment of yours has generated a nominal rate of return of 14% p.a. Over that same period of time, inflation has increased at a rate of 2% pa. Which of the following is closest to your real rate of return p.a.? 17.52% O 11.76% O 8.65% 09.62%

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