If the tax rate is 40 per cent, compute the before-tax real interest rate and the after-tax
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If the tax rate is 40 per cent, compute the before-tax real interest rate and the after-tax real interest rate in each of the following cases.
a. The nominal interest rate is 10 per cent and the inflation rate is 5 per cent.
b. The nominal interest rate is 6 per cent and the inflation rate is 2 per cent.
c. The nominal interest rate is 4 per cent and the inflation rate is 1 per cent.
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