2. Equation (5.3) gives a method to approximately calculate the real rate of interest. Why is that...
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2. Equation (5.3) gives a method to approximately calculate the real rate of interest.
Why is that approximation much less accurate in a hyperinflationary economy than in an economy with a relatively stable inflation rate.
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Related Book For
Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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