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You have $100 in your bank account. You can pay $5 for a pizza today. There is a financial product which promises 15.5% of return
You have $100 in your bank account. You can pay $5 for a pizza today. There is a financial product which promises 15.5% of return in a year. Pizza price is expected to be sold for $5.25 one year later. Question 1 ( 0.2 points) Choose one closest to the nominal interest rate. 0.25% 5.5% 10% 15.5% 25% Question 2 ( 0.2 points) Saved Choose one closest to the real interest rate. 0.25% 5.5% 10% 15.5% 25%
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