In 1974, interest rates were 7.782% and the rate of inflation was 12.299% in Canada. What was

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In 1974, interest rates were 7.782% and the rate of inflation was 12.299% in Canada. What was the real interest rate in 1974? How would the purchasing power of your savings have changed over the year?

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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Question Posted: Mar 31, 2017 02:21 PM

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In 1974, interest rates were 7.782% and the rate of inflation was 12.299% in Canada. What was

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Fundamentals of Corporate Finance

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