Suppose you earned nominal return of 7 percent on your investment last year. If the...
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Suppose you earned nominal return of 7 percent on your investment last year. If the inflation rate last year was 2.5 percent, what was your real rate of return on this investment? (Enter your answers as a decimal rounded to 4 decimal places, not a percentage. For example, enter 0.0843 instead of 8.43%)
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