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24 )If the nominal interest rate is 7% and the inflation rate is 3%, what is the real interest rate? (Do not round intermediate calculations.
24 )If the nominal interest rate is 7% and the inflation rate is 3%, what is the real interest rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
