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In a recent newspaper article, a one-year investment was quoted as having a rate of 3%. If inflation is expected to be 1.1%, what is
In a recent newspaper article, a one-year investment was quoted as having a rate of 3%. If inflation is expected to be 1.1%, what is the real rate of return?
a) 1.88% b) 1.90% c) 4.10% d) 4.13%
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Financial Accounting
Authors: Craig Deegan
9th Edition
9781743767382
