An analyst gathered the following year-end price level data for an economy: 2007 ................... 174.0 2011 ...................
Question:
2007 ................... 174.0
2011 ................... 190.3
2012 ................... 196.8
What is the economy's annual inflation rate for 2012? What is the average compounded inflation rate for 2007-2012?
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Related Book For 
Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
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