Question
You are considering buying a Peruvian corporate bond that has a yield of 25%. If you believe that the inflation rate will be 15% over
You are considering buying a Peruvian corporate bond that has a yield of 25%. If you believe that the inflation rate will be 15% over the life of the bond and the real rate of return is 5%, under what conditions is this a good investment?
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
