An investment offers a 13 percent total return over the coming year. Fred Bernanke thinks the total

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An investment offers a 13 percent total return over the coming year. Fred Bernanke thinks the total real return on this investment will be only 7 percent. What does Fred believe the inflation rate will be over the next year?


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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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