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If investors are to earn a 3.6% real interest rate, what nominal interest rate must they earn if the inflation rate is: (Do not round

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If investors are to earn a 3.6% 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.) Inflation Rate Nominal Interest Rate 2.20 % a. Zero b. 4.6% 5.47% C. 6.6% 7.51%

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