What is the NOMINAL rate of return for (over) the whole period for investment A?...

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Question

Accounting

What is the NOMINAL rate of return for (over) the whole period for investment A?

Year

2015

2016

2017

2018

Nominal Price of Asset A

$120

$128

$130

$134

Price Level

118

135

136

138

Group of answer choices

2.85%

11.78%

2.80%

11.67%

Answer & Explanation Solved by verified expert
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