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If you are promised a nominal return of 8% on a one year investment, and you expect the rate of inflation to be 2.5%, what
If you are promised a nominal return of 8% on a one year investment, and you expect the rate of inflation to be 2.5%, what real rate do you expect to earn?
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
