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(Related to Checkpoint 9.6) (Inflation and Interest rates) What would you expect the nominal rate of interest to be if the real rate is
(Related to Checkpoint 9.6) (Inflation and Interest rates) What would you expect the nominal rate of interest to be if the real rate is 4.4 percent and the expected inflation rate is 7.4 percent? The nominal rate of interest would be 12.13% (Round to two decimal places.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
