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If a bond pays annual interest of 4.5% and the inflation rate is 3% then the real interest rate is approximately: 1.46% 1.38% 1.25% None
If a bond pays annual interest of 4.5% and the inflation rate is 3% then the real interest rate is approximately:
1.46% | ||
1.38% | ||
1.25% | ||
None of the given choices |
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