A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals

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A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals the interest rate she earns on her $450,000 of savings, how much can she spend in real terms each year over the rest of her life?

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Fundamentals of Corporate Finance

ISBN: 978-1259722615

9th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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Question Posted: Jun 24, 2017 08:56 AM

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A retiree wants level consumption in real terms over a 30-year retirement. If the inflation rate equals

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Fundamentals of Corporate Finance

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