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Onxy Onxy
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8 years ago
The real rate of return for investments in Black Box, a multimedia dissemination company, is 18% per annum. At the current state of the economy, the manager expects a 12% per year inflation rate.
Required
Compute the nominal rate of return on the investment.
A) 32%
B) 28%
C) 12%
D) 25%
E) 33%
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
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lordingtonlordington
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8 years ago
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Onxy Author
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8 years ago
This site is awesome
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Thanks
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