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Please answer both of them. If you do not want to, let someone else answer it. The price of one item is $ 600 in
Please answer both of them. If you do not want to, let someone else answer it.
The price of one item is $ 600 in year 4 and the general price inflation rate was expected to be 5% per year. What is its estimated value in year 2 dollars (b-2)? Please only fill in the number of the calculated result and round to the nearest integer. QUESTION 2 If the market interest rate is 8% and the general price inflation rate is 5%, what is the real interest rate? Please fill in the number without "%", and keep two decimal places, e.g., if the answer is 6.787%, fill in "6.79Step by Step Solution
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