Question
If a bond provides a real rate of return of 2.6 percent at a time when inflation is 1.8 percent, what is the nominal rate
If a bond provides a real rate of return of 2.6 percent at a time when inflation is 1.8 percent, what is the nominal rate of return on the bond using the exact relation between nominal rates, real rates and inflation?
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
