If you are promised a nominal return of 10% on a 1-year investment, and you expect the rate of inflation to be 3%, what

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answerhappygod
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If you are promised a nominal return of 10% on a 1-year investment, and you expect the rate of inflation to be 3%, what

Post by answerhappygod »

If you are promised a nominal return of 10% on a 1-year
investment, and you expect the rate of inflation to be 3%, what
exact real rate do you expect to earn? Group of answer choices
5.48% 12% 6.80% 9%
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