Question
After a 1 year investment you receive 8.5% interest (nominal) from your bank. However, looking at how prices have changed, you soon realize that the
After a 1 year investment you receive 8.5% interest (nominal) from your bank. However, looking at how prices have changed, you soon realize that the real rate of interest was actually 1.6%. How much was inflation during that year?
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Earnings Quality
Authors: Andrew P.C.
1st Edition
1521507724, 978-1521507728
