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If the inflation rate 23% and real rate is 12%, what is the nominal interest rate? A. 25.0% B. 37.76% C. 38.2% D. 35.0%

If the inflation rate 23% and real rate is 12%, what is the nominal interest rate?

  • A. 25.0%

  • B. 37.76%

  • C. 38.2%

  • D. 35.0%

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