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You made an investment over the past year, and your nominal return was 22.7%. Over the same year, the rate of inflation was 3.2%. What

You made an investment over the past year, and your nominal return was 22.7%. Over the same year, the rate of inflation was 3.2%. What was the real rate of return for this investment?

Enter your answer as a percentage, rounded to two decimals, and without the percentage sign ('%'). For example, if your answer is 0.123456, then it is equivalent to 12.35%, so you should enter 12.35 as the answer.

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