You are pleased to see that you have been given a 7% raise this year. However, you

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You are pleased to see that you have been given a 7% raise this year. However, you read on the Wall Street Journal Web site that inflation over the past year has been 3%. How much better off are you in terms of real purchasing power?

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Corporate Finance

ISBN: 9780273792024

3rd Global Edition

Authors: Peter Demarzo, Jonathan Berk

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