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7) What is the expected real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation
7) What is the expected real rate of interest for an account that offers a 12% nominal rate of return when the rate of inflation is 6% annually? a. 5.00% b. 5.66% c. 6.00% d. 9.46%
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Economics And Personal Finance
Authors: Irvin Tucker, Joan Ryan
1st Edition
1133562108, 978-1133562108
