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Here are inflation rates and U.S. stock market and Treasury bill returns between 1929 and 1933: <image 1> . What was the real return on the stock market in 1932? (A) -14.33% (B) -23.72% (C) 0.45% (D) 56.52% Answer with the option's letter from the given choices directly. No punctuation. | A Expected Answer: C Difficulty: Easy Subfield: Corporate Finance |