Question: Problem 6-12 Nominal versus Real Returns [LO 4] Say you own an asset that had a total return last year of 14.1 percent. If the

 Problem 6-12 Nominal versus Real Returns [LO 4] Say you own

Problem 6-12 Nominal versus Real Returns [LO 4] Say you own an asset that had a total return last year of 14.1 percent. If the inflation rate last year was 2.83 percent, what was your real return? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32,16

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