Question
You wish to earn a real interest rate of 10% a year on your investment after allowing for the effects of inflation. The inflation rate
You wish to earn a real interest rate of 10% a year on your investment after allowing for the effects of inflation. The inflation rate is currently 4% per year. What after-tax return must you earn on your chosen investment?
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Financial Accounting
Authors: John Hoggett, Lew Edwards, John Medlin, Keryn Chalmers, Jodie Maxfield, Andreas Hellmann, Claire Beattie
9th Edition
1118608208, 978-1118608203
