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If C.D. account offers a 12% interest rate and the expected inflation rate is 4%, which one of the followings is the accurate real interest
If C.D. account offers a 12% interest rate and the expected inflation rate is 4%, which one of the followings is the accurate real interest rate?
| 8% | |
|
| 16.5% |
|
| 4% |
|
| 7.7% |
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
