For a high-growth company that wants to make a real rate of return of 30% per year,

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For a high-growth company that wants to make a real rate of return of 30% per year, compounded monthly, determine the inflation-adjusted nominal interest rate per year. Assume the inflation rate is 1.5% per month.


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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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