Mathematics, 22.11.2019 23:31 21megoplin
Suppose the nominal rate of interest on a 5-year loan is 8% per year compounding annually and the real rate of interest is 4.5% per year. what is the expected rate of inflation? (hint: since the rate of inflation is low, leave out the compounding effect.)
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Suppose the nominal rate of interest on a 5-year loan is 8% per year compounding annually and the re...
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