Question: Question 16 (2 points) Last year, the S&P 500 generated a return of 9.50%. Assuming inflation was 2.8%, what was your real rate of return?
Question 16 (2 points) Last year, the S&P 500 generated a return of 9.50%. Assuming inflation was 2.8%, what was your real rate of return? (Use the exact formula.) a) 6.52% b) 6.70% c) 6.83% d) 6.73% e) 6.90%
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