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Check out ?'s 13 & 14 of reading 38, it's the same formula, but they specify real vs nominal rates for each question. Formula calls for real rate of return to be used, so if they give nominal we have to adjust for inflation. And per mock it looks we should assume nominal unless stated otherwise.



Edited 1 time(s). Last edit at Friday, June 3, 2011 at 06:10PM by jgrandits.

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