Katrina Invested in Her Employer's Stock Program in 1992

question 94

Multiple Choice

Katrina invested in her employer's stock program in 1992. The annual yield for her investment was 9.3%, and the inflation rate was 1.47%. What was the real growth rate of this investment?

• A) 6.06%
• B) 6.59%
• C) 7.48%
• D) 7.72%

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Definitions:

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The largest city in Nigeria and one of the largest in Africa, known for its significant economic and cultural impact.

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