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If investors are to earn a 2.4% real interest rate, what nominal interest rate must they earn if the inflation rate is (Do not round

If investors are to earn a 2.4% 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. 3.4%	%
c. 5.4%	%

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