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1. The value of your investment portfolio increased by 7.2%, while the general price level increased by 2.5%. What was the approximate real return on
1. The value of your investment portfolio increased by 7.2%, while the general price level increased by 2.5%.
What was the approximate real return on your portfolio?
The expected inflation rate is 2.3%.
What is the approximate nominal interest rate if the real rate of interest is 1.3%?
Intro A week ago, a euro () cost $1.18. Today, a euro costs $1.27. A week ago, a British pound () cost $1.36. Today, a pound costs $1.4. Part 1 - Attempt 1/10 for 1 pts. What was the value of a euro in British pound a week ago? 2+ decima Submit Part 2 | Attempt 1/10 for 1 pts. What is the value of a euro in British pound today? 2+ decima Submit Part 3 Attempt 1/10 for 1 pts. What is the percent change in the value of the euro? Use input numbers with at least 5 decimal places in your calculation, not the rounded numbers shown in parts 1 and 2. 4+ decima Submit Part 4 Attempt 1/5 for 1 pts. What happened to value of the two currencies? Check all that apply: The pound depreciated against the euro. The euro depreciated against the pound. The euro appreciated against the pound. The pound appreciated against the euro. Submit
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