Lews market invested in a project that returned 1667
Lew's market invested in a project that returned 16.67 percent during a period when inflation averaged 3.26 percent. What real rate of return did Lew's earn on its project?
a. 13.41%
b. 12.87%
c. 13.03%
d. 12.99%
e. 13.29%
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