Costaguanan stock market provided rate of return

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The Costaguanan stock market provided a rate of return of 99%. The inflation rate in Costaguana during the year was 84%. In the United States, in contrast, the stock market return was only 16%, but the inflation rate was only 2%. Calculate the real rate of return for both the Costaguana and the United States stock markets. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)   (Show work)

Real rate of return

Costaguana   ____%

United States ____%

Reference no: EM131075710

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