Question
Treasury bills are currently paying 7 percent and the inflation rate is 2.9 percent. What is the approximate real rate of interest? (Enter your answer
| Treasury bills are currently paying 7 percent and the inflation rate is 2.9 percent. |
| What is the approximate real rate of interest? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Approximate real rate | % |
| What is the exact real rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Exact real rate | % |
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Port Infrastructure Finance
Authors: Hilde Meersman, Eddy Van De Voorde, Thierry Vanelslander
1st Edition
0415720060, 978-0415720069
