Multiple Choice
What is the minimum nominal rate of return should you accept, if you require a 4 percent real rate of return and the rate of inflation is expected to average 3.5 percent during the investment period?
A) 7.36 percent
B) 7.50 percent
C) 7.64 percent
D) 8.01 percent 1.04 =
Correct Answer:
Verified
Correct Answer:
Verified
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