If a share of stock provided a 14.84% nominal rate of return over the previous year while the real rate of return was 6.65%,then the inflation rate was:
A) 8.89%.
B) 7.68%.
C) 8.03%.
D) 9.12%.

Name: If a share of stock provided a 14.84% nominal rate of return over the previous year while the real rate of return was 6.65%,then the inflation rate was: A) 8.89%. B) 7.68%. C) 8.03%. D) 9.12%.
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Question

Quizplus · Accepted Answer

h = 1.1484 / 1.0665 − 1 = 0.0768, or 7.68%

If a Share of Stock Provided a 14