The inflation rate over the past year was 42 percent if an


The inflation rate over the past year was 4.2 percent. If an investment had a real return of 9.4 percent, what was the nominal return on the investment?

  • 13.99%
  • 14.77%
  • 15.55%
  • 4.75%
  • 4.99%

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Finance Basics: The inflation rate over the past year was 42 percent if an
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