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If investors are to earn a 2.2% real interest rate, what nominal interest rate must they earn if the inflation rate is (Do not round
If investors are to earn a 2.2% real interest rate, what nominal interest rate must they earn if the inflation rate is (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.): |
Nominal Interest Rate | |
a. Zero | % |
b. 3.2% | % |
c. 5.2% | % |
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