Question
Assume the inflation rate is 2.45% APR, compounded annually. Would you rather earn a nominal return of 5.68% APR, compounded semiannually, or a real return
Assume the inflation rate is 2.45% APR, compounded annually. Would you rather earn a nominal return of 5.68% APR, compounded semiannually, or a real return of 2.01% APR, compounded quarterly?(Note: Be careful not to round any intermediate steps less than six decimal places.)
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Handbook Of Financial Markets Dynamics And Evolution
Authors: Thorsten Hens
1st Edition
0323165478, 978-0323165471
