Question
Assume that the inflation rate during the last year was 1.61 percent. US Government T-bills had the nominal rates of return 5.54 percent. What is
Assume that the inflation rate during the last year was 1.61 percent. US Government T-bills had the nominal rates of return 5.54 percent. What is the real rate of return for a T-bill?
Round to two decimal places in percentage form.
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
