Suppose you buy a property today for One year later you

Question

Suppose you buy a property today for $100,000. One year later, you sell it for $105,000 after obtaining net rent of $10,000. Suppose inflation during this year was 5%.
The nominal appreciation return was:
(a) 0%
(b) 5%
(c) 10%
(d 15%
(e) 115%

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