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To hedge against inflation, in early June 2016, Lucas invested some capital to buy centenarians, which cost him 8,773 each. If in the first days
To hedge against inflation, in early June 2016, Lucas invested some capital to buy centenarians, which cost him 8,773 each. If in the first days of July 2019 you sold them for $ 30,000 each, say if this investment suited Lucas, knowing that inflation in the period was 70.49%. calculate the real rate
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Intermediate Accounting
Authors: Kin Lo, George Fisher
3rd Edition Vol. 1
133865940, 133865943, 978-7300071374
