Question
Assume that the inflation rate during the last year was 1.90 percent. US government T-bills had the nominal rates of return of 4.16 percent. What
Assume that the inflation rate during the last year was 1.90 percent. US government T-bills had the nominal rates of return of 4.16 percent. What is the real rate of return for a T-bill?
Round the answer to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
