Question
An investment offers a total return of 14 percent over the coming year. Bill Bernanke thinks the total real return on this investment will be
| An investment offers a total return of 14 percent over the coming year. Bill Bernanke thinks the total real return on this investment will be only 8.6 percent. |
| Required: |
| What does Bill believe the inflation rate will be over the next year? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Inflation rate | % | |
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Dynamics Of International Finance
Authors: Ruchi Mehrotra Joshi
1st Edition
1685078389, 978-1685078386
