Question
If the nominal return is constant, the after-tax real rate of return A. declines as the inflation rate increases. B. increases as the inflation rate
If the nominal return is constant, the after-tax real rate of return
| A. | declines as the inflation rate increases. | |
| B. | increases as the inflation rate increases. | |
| C. | declines as the inflation rate declines. | |
| D. | increases as the inflation rate decreases. | |
| E. | declines as the inflation rate increases and increases as the inflation rate decreases. |
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
