Question: Problem 7 - 1 1 Nominal and Real Returns ( LO 6 ) An investment offers a 1 5 % total return over the coming
Problem Nominal and Real Returns LO
An investment offers a total return over the coming year. Bill Morneau thinks the total real return on this investment will be only
What does Morneau believe the inflation rate will be over the next year? Do not round intermediate calculations. Round the final
answer to decimal places.
Inflation rate
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