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Nominal and Real Returns [LO4] An investment offers a total return of 11.7 percent over...

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Accounting

Nominal and Real Returns [LO4] An investment offers a total return of 11.7 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 9 percent. What does Janice believe the inflation rate will be over the next year?
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