Multiple Choice
Katrina invested in her employer's stock program in 1992. The annual yield for her investment was 9.3%, and the inflation rate was 1.47%. What was the real growth rate of this investment?
A) 6.06%
B) 6.59%
C) 7.48%
D) 7.72%
Correct Answer:
Verified
Correct Answer:
Verified
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