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2-5. (Inflation and interest rates) Assume the expected inflation rate to be 4 percent. If the current real rate of interest is 6 percent, what
2-5. (Inflation and interest rates) Assume the expected inflation rate to be 4 percent. If the current real rate of interest is 6 percent, what ought the nominal rate of interest to be?
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
