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

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 4.6 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 . 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 4.6 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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