To hedge against inflation, in early June 2016, Lucas invested some capital to buy centenarians, which cost him 8,773 each. If in the first days of July 2019 you sold them for $ 30,000 each, say if this investment suited Lucas, knowing that inflation in the period was 70.49%. calculate the real rate 

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To calculate the real rate of return you need to adjust the nominal return for inflation ... View the full answer