Say you own an asset that had a total return last year of 11.4 percent. - 15617

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Say you own an asset that had a total return last year of 11.4 percent. If the inflation rate last year was 6.3 percent, what was your real return? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Solution Description

Say you own an asset that had a total return last year of 11.4 percent. If the inflation rate last year was 6.3 percent, what was your real return? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))