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You bought a 1year $10,000 Treasury bill for $9,090 and held it until maturity. The inflation was 5%. What was your real rate of return?
- You bought a 1year $10,000 Treasury bill for $9,090 and held it until maturity. The inflation was 5%.
- What was your real rate of return?
- If interest income is subject to 12% income tax, what will be your real rate of return after taxes?
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Cost Accounting
Authors: Les Heitger, Pekin Ogan, Serge Matulich
2nd Edition
053881764X, 978-0538817646
