Multiple Choice
If you require a real growth in the purchasing power of your investment of 8%,and you expect the rate of inflation over the next year to be 3%,what is the lowest nominal return that you would be satisfied with?
A) 3.00%
B) 8.00%
C) 11.00%
D) 11.24%
Correct Answer:

Verified
Correct Answer:
Verified
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