Question
What would you expect the nominal rate of interest to be if the real rate is 3.6 percent and the expected inflation rate is 7.2
What would you expect the nominal rate of interest to be if the real rate is 3.6 percent and the expected inflation rate is 7.2 percent?
The nominal rate of interest would be______%.(Round to two decimal places.)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
