11. Nominal and Real Returns An investment offers a total return of 12 percent over the coming year. Alex Hamilton thinks the total real return on this investment will be only 9 percent. What does...

Extracted text: 11. Nominal and Real Returns An investment offers a total return of 12 percent over the coming year. Alex Hamilton thinks the total real return on this investment will be only 9 percent. What does Alex believe the inflation rate will be over the next year? 12. Nominal versus Real Returns Say you own an asset that had a total return