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You negotiate a loan with your banker for 2.1% over 20 years when inflation is 1.5% per year. Inflation then increases to 2.5%. Your real
You negotiate a loan with your banker for 2.1% over 20 years when inflation is 1.5% per year. Inflation then increases to 2.5%. Your real rate is now ____ and as borrower you are ______
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