Multiple Choice
You presently own stock that you purchased one year ago. Your return on the stock for the past year was 25%. You calculate your real return on investment was 13.63%. The rate of inflation must have been __________.
A) 1.1%
B) 3.6%
C) 10.0%
D) 25.0%
E) 42.0%
Correct Answer:
Verified
Correct Answer:
Verified
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