a-B, Inc., a high-tech company In San Diego, whose stock trades on the NYSE exchange, uses a MARR of 28% per year. If the chief financial officer (CFO) said the company expects to make a real rate of...

Extracted text: a-B, Inc., a high-tech company In San Diego, whose stock trades on the NYSE exchange, uses a MARR of 28% per year. If the chief financial officer (CFO) said the company expects to make a real rate of return of 24.3% per year on Its investments over the next 4-year perlod, what is the company expecting the annual inflation rate to be over that time period? The company is expecting the annual inflation rate to be 12.5 % per year.