If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn

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If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn a 3% real interest rate on your investment?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Question Posted: Jan 14, 2012 02:23 AM

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If the rate of inflation is 5%, what nominal interest rate is necessary for you to earn

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Fundamentals of Corporate Finance

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