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Assume inflation is 0.17% per month. Would you rather earn a nominal return of 0.76% per month, compounded monthly, or a real return of 6.56%

image text in transcribed Assume inflation is 0.17% per month. Would you rather earn a nominal return of 0.76% per month, compounded monthly, or a real return of 6.56% APR, compounded annually? (Note: Be careful not to round any intermediate steps less than six decimal places.) The nominal EAR for the nominal return of 0.76% per month is (Type your answer in decimal format. Round to six decimal places.) Assume inflation is 0.17% per month. Would you rather earn a nominal return of 0.76% per month, compounded monthly, or a real return of 6.56% APR, compounded annually? (Note: Be careful not to round any intermediate steps less than six decimal places.) The nominal EAR for the nominal return of 0.76% per month is (Type your answer in decimal format. Round to six decimal places.)

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