Multiple Choice
Lew's Market invested in a project that returned 14.83 percent during a period when inflation averaged 2.69 percent.What real rate of return did the firm earn on its project?
A) 12.41 percent
B) 11.03 percent
C) 12.99 percent
D) 11.82 percent
E) 11.29 percent
Correct Answer:
Verified
Correct Answer:
Verified
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