Question: Problem 7 - 1 5 Nominal versus Real Returns [ LO 4 ] Say you own an asset that had a total return last year

Problem 7-15 Nominal versus Real Returns [LO4]
Say you own an asset that had a total return last year of 10.4 percent. If the inflation rate last year was 4.3 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 7 - 1 5 Nominal versus Real Returns [ LO

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