4. Real versus Nominal Returns. The Costaguanan stock market provided a rate of return of 95%. The...
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4. Real versus Nominal Returns. The Costaguanan stock market provided a rate of return of 95%. The inflation rate in Costaguana during the year was 80%. In the United States, in con- trast, the stock market return was only 12%, but the inflation rate was only 2%. Which country's stock market provided the higher real rate of return? (LO2)
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Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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