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Please explain very well. Thank you 3. What is the difference between the nominal interest rate on a loan and the real interest rate? What
Please explain very well. Thank you
3. What is the difference between the nominal interest rate on a loan and the real interest rate? What is the function of the real interest rate? Explain its relationship with inflation rate with formula. How the bonds market approach determines interest rate and explains its changes? 4Step by Step Solution
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