Question: Problem 6-12 Nominal versus Real Returns (LO 4] Say you own an asset that had a total return last year of 16 percent. Assume the
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Problem 6-12 Nominal versus Real Returns (LO 4] Say you own an asset that had a total return last year of 16 percent. Assume the inflation rate last year was 5 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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