Using Formula 71 on page 165, compute RF (risk-free rate). The real rate of return is 3

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Using Formula 7–1 on page 165, compute RF (risk-free rate). The real rate of return is 3 percent and the expected rate of inflation is 5 percent.
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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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