Your business manager forwards the following information to you. Your businesses earned a real rate of return of 3.65% last year and inflation for the same period was 9%. What was your nominal rate of return using the Fisher Effect? (Note: nominal rates of return can be positive or negative.) (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34.)

Answer rating: 100% (QA)

To calculate the nominal rate of return using the Fisher Effect we need to know the ... View the full answer