Question
Assume that the inflation rate during the last year was 1.75 percent. US government T-bills had the nominal rates of return of 4.88 percent. What
Assume that the inflation rate during the last year was 1.75 percent. US government T-bills had the nominal rates of return of 4.88 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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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
3rd Edition
0765636891, 9780765636898
