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An investment offers a total return of 117 percent over the.pdf
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An investment offers a total return of 117 percent over the.pdf

  1. An investment offers a total return of 11.7 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 9 percent. What does Janice believe the inflation rate will be over the next year? Input area: begin{tabular}{|lr|} hline Investment return & 11.70% Real return & 9% hline end{tabular} (Use cells A6 to B7 from the given information to complete this question.) Output area: Inflation rate
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