Assume you earned 12.3 percent on your investments for a time period when the risk-free rate was 4.25 percent and the inflation rate was 1.2 percent.What was your real rate of return for the period?
A) -9.71 percent
B) 8.21 percent
C) 10.97 percent
D) --10.35 percent
E) 10.23 percent
Correct Answer:
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