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Business, 10.06.2020 18:57 sarbjit879
An investor requires a 3 percent increase in purchasing power in order to induce her to lend. She expects inflation to be 2 percent next year. The nominal rate she must charge is about:.a) 1 percent. b) 2 percent. c) 3 percent. d) 5 percent. e) 7 percent.
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An investor requires a 3 percent increase in purchasing power in order to induce her to lend. She ex...
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