Question
Assume that the inflation rate during the last year was 1.73 percent. US government T-Bills had the nominal rates of return of 4.80 percent. What
Assume that the inflation rate during the last year was 1.73 percent. US government T-Bills had the nominal rates of return of 4.80 percent. What is the real rate of return for a T-Bill?
Round the answer to two decimal places in percentage form.
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
