Question
Over the 10-year period from 1978 through 1987, the compound annual rate of return on U.S. Treasury bills was 9.17%. Over the same time period,
Over the 10-year period from 1978 through 1987, the compound annual rate of return on U.S. Treasury bills was 9.17%. Over the same time period, the average annual inflation rate was 6.39%. Therefore, the ____.
| a. | inflation premium was 2.78 percentage points | |
| b. | real expected rate of return was 9.17 percentage points | |
| c. | realized real rate of return was 2.78 percentage points | |
| d. | required rate of return was 6.39 percentage points |
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Handbook Of Anti Money Laundering
Authors: Dennis Cox
1st Edition
0470065745, 978-0470065747
