An investment offers a total return of 15 percent over the


An investment offers a total return of 15 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 10 percent. What does Janice believe the inflation rate will be over the next year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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Financial Management: An investment offers a total return of 15 percent over the
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