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A bank quotes its nominal interest rate as 10 percent per year. You know the inflation rate is 4 percent. What is the real rate
A bank quotes its nominal interest rate as 10 percent per year. You know the inflation rate is 4 percent. What is the real rate of interest? OA. 10.0 percent OB.4.1 percent C. 5.8 percent OD. 14.0 percent QUESTION 5 You save $400 today and it produces a cash flow of $440 one year from today. What is the rate of return on the savings. A. 10 percent B. 15 percent OC. 20 percent OD.25 percent Click Save and Submit to save and submit. Click Save All Answers to save all answers, Save All
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