Question
Inflation is 1.8% and you want to earn a real return of 4.5% on your investments. What nominal rate of return must you earn on
Inflation is 1.8% and you want to earn a real return of 4.5% on your investments. What nominal rate of return must you earn on your portfolio to achieve your goal?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
