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Homework: Assignment #3 (Chs 5-6) Question 12, B5-26 (book/static) The nominal interest rate is %. (Round to two decimal places.) HW Score: 0%, 0 of
Homework: Assignment #3 (Chs 5-6) Question 12, B5-26 (book/static) The nominal interest rate is %. (Round to two decimal places.) HW Score: 0%, 0 of 15 points O Points: 0 of 1 If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 3% real interest rate on your investment? Save
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