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Nominal Rate of Return

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I earned a 3.1 percent real rate of return on my investments for the past year. During that time, the risk-free rate was 3.7 percent and the inflation rate was 2.9 percent. What is my nominal rate of return?

1. 5.78%

2. 6.00%

3. 6.09%

4. 6.80%

5. 6.91%

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This explain the steps to compute the Nominal Rate of Return.

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I earned a 3.1 percent real rate of return on my investments for the past year. ...

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