An investment offers a total return of 14 percent over the, Financial Management

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An investment offers a total return of 14 percent over the

An investment offers a total return of 14 percent over the coming year. Bill Bernanke thinks the total real return on this investment will be only 8.6 percent.

Required:

What does Bill believe the inflation rate will be over the next year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16))

Inflation rate %

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Financial Management: An investment offers a total return of 14 percent over the

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Financial Management: An investment offers a total return of 14 percent over the

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