Inflation rate will be percent over the next year

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An investment offers a 9.7 percent total return over the coming year. Janice Yellen thinks the total real return on this investment will be only 5.6 percent. Therefore, Janice believes the inflation rate will be percent over the next year. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

Reference no: EM131825772

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