Suppose that the real rate of return on T-bills is 5% and the inflation rate is estimated

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Suppose that the real rate of return on T-bills is 5% and the inflation rate is estimated to be 2.4%. What is the nominal rate of return on the T-bills?

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Principles Of Managerial Finance

ISBN: 9781292018201

14th Global Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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