Question
If inflation is anticipated to be 6 percent during the next year, while the real rate of interest for a one-year loan is 5 percent,
If inflation is anticipated to be 6 percent during the next year, while the real rate of interest for a one-year loan is 5 percent, then what should the nominal rate of interest be for a risk-free one-year loan?
|
| 6%. |
|
| 5%. |
|
| 12%. |
|
| 11% |
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Cost Accounting Theory And Practice
Authors: R. Palaniappan, N. Hariharan
1st Edition
9380578342, 978-9380578347
