If you want to receive a 7% inflation-free return on your investment and you expect inflation to

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If you want to receive a 7% inflation-free return on your investment and you expect inflation to be 9% per year, what actual interest rate must you earn?

(a) 16%

(b)−2%

(d) 7%

(e) 9%

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: Dec 06, 2018 08:44 AM

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