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Calculate the real rate of interest if the nominal rate of interest is 9.3% and the inflation rate is 3.25%. Multiple Choice 6.86% 5.86% 7.86%

Calculate the real rate of interest if the nominal rate of interest is 9.3% and the inflation rate is 3.25%.

Multiple Choice

6.86%

5.86%

7.86%

4.86%

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