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You deposit money for one year and want to earn a 1.5% real rate of return. What interest rate should be offered to you if
You deposit money for one year and want to earn a 1.5% real rate of return. What interest rate should be offered to you if you expect inflation to be 2.5%?
- A. 4%
- B. 1.5%
- C. 2.5%
- D. 1%
- E. 5%
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Principles Of Managerial Finance
Authors: Chad J. Zutter, Scott Smart
16th Edition
0136945880, 978-0136945888
