Question: value: 1.00 points Problem 6-11 Nominal and Real Returns [LO 4] An investment offers a total return of 14 percent over the coming year. Bill

 value: 1.00 points Problem 6-11 Nominal and Real Returns [LO 4]

value: 1.00 points Problem 6-11 Nominal and Real Returns [LO 4] An investment offers a total return of 14 percent over the coming year. Bill Bernanke thinks the total real return on this investment will be only 10 percent. Required: What does Bill believe the inflation rate will be over the next year? (Do not round intermediate calculations. Round your answer to 2 decimal places (o.g., 32.16)) Inflation rate

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