Question: Problem 6-12 Nominal versus Real Returns [LO 4) Say you own an asset that had a total return last year of 12.1 percent. Assume the

Problem 6-12 Nominal versus Real Returns [LO 4) Say you own an asset that had a total return last year of 12.1 percent. Assume the inflation rate last year was 3.4 percent. What was your real return? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Real return

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