Question
If Treasury bills are currently paying 10 percent and the inflation rate is 6.8 percent, a) What is the approximate real rate of interest? b)
If Treasury bills are currently paying 10 percent and the inflation rate is 6.8 percent, a) What is the approximate real rate of interest?
b) What is the exact real interest rate? Note: Please use the Fisher equation.
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
