Question
How is it possible for investment spending to increase even in a period in which the real interest rate rises Why is investment spending unstable
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1Interest rate play a significant role in determining how much investment a firm make The cost of investment includes interest rate Lower interest rate stimulate investment spending and higher interes...Get Instant Access to Expert-Tailored Solutions
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
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