A stock had a return of 57 percent last year if the


A stock had a return of 5.7 percent last year. If the inflation rate was 1.6 percent, what was the approximate real return? Enter your answer as a percent rounded to 1 decimal place. Omit the "%" sign in your response.)

Real return   %

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Financial Management: A stock had a return of 57 percent last year if the
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