Question
An investment offers a total return of 12 percent over the coming year. Thomas thinks the total real return on this investment will be only
An investment offers a total return of 12 percent over the coming year. Thomas thinks the total real return on this investment will be only 7.8 percent.
What does Thomas believe the inflation rate will be over the next year?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
12th edition
1259918947, 1260091908, 978-1259918940
