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You want to earn a real rate of return of 4.00 percent at a time when the inflation rate is 2.05 percent. What is the
You want to earn a real rate of return of 4.00 percent at a time when the inflation rate is 2.05 percent. What is the approximate nominal rate which you must earn?
5.75 percent | ||
5.95 percent | ||
6.05 percent | ||
6.15 percent | ||
6.25 percent |
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