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QUESTION
Liz earned a 3.1 percent real rate of return on her investments for the past year. During that time, the risk-free rate was 3.7 percent and the...
Liz earned a 3.1 percent real rate of return on her investments for the past year. During that time, the risk-free rate was 3.7 percent and the inflation rate was 2.9 percent. What was her nominal rate of return?
