Question: A lender and a borrower agree on a 3 year ioan at a nominal interess tate that is fixed over the duration of the loan,

 A lender and a borrower agree on a 3 year ioan

A lender and a borrower agree on a 3 year ioan at a nominal interess tate that is fixed over the duration of the loan, how will a higher-than. expected rate of inflation impact the both the jender atsd bocrowet

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