Question
Over the past year you earned a nominal rate of interest of 8 percent on your money. The inflation rate was 3.5 percent over the
Over the past year you earned a nominal rate of interest of 8 percent on your money. The inflation rate was 3.5 percent over the same period. What is the exact real rate of return that was earned?
| 4.35% | ||
| 4.50% | ||
| 4.15% | ||
| 4.65% |
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Handbook Of Alternative Assets
Authors: Mark J. P. Anson
2nd Edition
047198020X, 978-0471980209
