An investment offers a total return of 13 percent over the


An investment offers a total return of 13 percent over the coming year. Janet Jello thinks the total real return on this investment will be only 8.5 percent.

What does Janet believe the inflation rate will be over the next year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Inflation rate             %

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Financial Management: An investment offers a total return of 13 percent over the
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