Question
During a period of severe inflation, a bond offered a nominal HPR of 80% per year. The inflation rate was 70% per year. a.) What
During a period of severe inflation, a bond offered a nominal HPR of 80% per year. The inflation rate was 70% per year.
a.) What was the real HPR on the bond over the year?
b.) Compare this real HPR to the approximation r 
R-i
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The Dark Side Of Valuation
Authors: Aswath Damodaran
3rd Edition
0134854101, 9780134854106
