Question
During a period of severe inflation, a bond offered a nominal HPR of 87% per year. The inflation rate was 78% per year. a. What
During a period of severe inflation, a bond offered a nominal HPR of 87% per year. The inflation rate was 78% per year.
a. What was the real HPR on the bond over the year? (Round your answer to 2 decimal places.)
b. Find the approximation rreal rnom i.
approximation=
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
