31. Assume the inflation rate is 5% APR, compounded annually. Would you rather earn a nominal return
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31. Assume the inflation rate is 5% APR, compounded annually. Would you rather earn a nominal return of 8% APR, compounded semiannually, or a real return of 4% APR, compounded quarterly?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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