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Investors of government bonds require an 8% per annum real return. The inflation rate (CPI) is 5.50%. What is the exact nominal rate? Select one:
Investors of government bonds require an 8% per annum real return. The inflation rate (CPI) is 5.50%. What is the exact nominal rate?
Select one:
a. 13.94%
b. 10.50%
c. 2.50%
d. 13.50%
e. 12.91%
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