Question
A. What are nominal interest rates ? B. What are real interest rates ? C. What is the relationship between nominal and real interest rates?
A. What are nominal interest rates? B. What are real interest rates? C. What is the relationship between nominal and real interest rates? (FYI: This is aka the Fisher Relation of nominal & real rates.) D. Interest rates that are widely published & discussed in the economy are real or nominal rates? E. Capital budgeting is generally done with real or nominal cash flows and rates?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
