Inflation in Brazil in 1992 averaged about 23% per month. What was the annual inflation rate?

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Fundamentals Of Corporate Finance

ISBN: 9781259087585

6th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts

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Question Posted: Jul 12, 2019 10:42 AM

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Inflation in Brazil in 1992 averaged about 23% per month. What was the annual inflation rate?

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Fundamentals Of Corporate Finance

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