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Suppose you bought a stock for $38 a while ago and now, it is worth $50. When you bought the stock, the CPI index was
- Suppose you bought a stock for $38 a while ago and now, it is worth $50. When you bought the stock, the CPI index was at 130, and now it is at 145. (no approximations answer to 2 decimal places)
What is the nominal return?
What is the inflation rate?
What is the real rate of return? (no approximations)
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Public Finance An International Perspective
Authors: Joshua E. Greene
1st Edition
9814365041, 978-9814365048
