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If inflation is anticipated to be 19 percent during the next year, while the real rate of interest for a one-year loan is 2 percent
If inflation is anticipated to be 19 percent during the next year, while the real rate of interest for a one-year loan is 2 percent then what should the nominal rate of interest be for a risk-free one-year loan? 17% 21% 2596 12%
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
