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Debra took out a mortgage with a 5.3% interest rate when inflation was 1.5%. Suppose inflation is now 6%. What would the (nominal) interest rate
Debra took out a mortgage with a 5.3% interest rate when inflation was 1.5%. Suppose inflation is now 6%. What would the (nominal) interest rate on a similar loan be today? Question 5 3M stock started the year at $149, and by the end of the year had increased to $165. 3M also paid $6 in dividends during the year. What was the percent return for 3M
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