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52. An investor desires to earn a real interest rate of 6%. If the expected rate of inflation is 5%, what nominal rate of interest
52. An investor desires to earn a real interest rate of 6%. If the expected rate of inflation is 5%, what nominal rate of interest would the investor set on a loan if all risk premiums are zero?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Millon Cornett
1st International Edition
0071181334, 9780071181334
