Question
If the nominal rate of interest is 4.34 percent and the expected rate of inflation is 1.66 percent, what is the real rate of interest?
If the nominal rate of interest is 4.34 percent and the expected rate of inflation is 1.66 percent, what is the real rate of interest? (Round percentage answer to 3 decimal places, e.g. 52.754%.)
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
