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Show all work do not use excel to solve 20 An inflated interest rate of 24% per year at a time when the inflation rate

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20 An inflated interest rate of 24% per year at a time when the inflation rate is 10% per year implies that the company's real minimum attractive rate of return is closest to: 10% C) D) 14.8% 26.3% (),24 = i + 0.10 + (i)(0.10) 110i (). 14 = 0.127 or 12.7%

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