Mfaith86301 Mfaith86301

22-04-2024
Business

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An investment had a nominal return of 10.5 percent last year. The inflation rate was 4.3 percent. What was the real return on the investment?
A. 6.60%
B. 15.25%
C. 5.61%
D. 10.43%
E. 5.94%

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