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An investment offers a total return of 15 percent over the coming year. Bill Bernanke thinks the total real return on this investment will be only 8.7 percent. Required: What does Bill believe the inflation rate will be over the next year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92861948

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