Question
An investment offers a 14% total return over the coming year. Bill Morneau thinks the total real return on this investment will be only 9%.
An investment offers a 14% total return over the coming year. Bill Morneau thinks the total real return on this investment will be only 9%.
What does Morneaubelieve the exact inflation rate will be over the next year?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
