A stock had a return of 8.9 percent last year. If the inflation rate was 2.1 percent,

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A stock had a return of 8.9 percent last year. If the inflation rate was 2.1 percent, what was the approximate real return?

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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