In a certain country which uses pounds as its national currency, price inflation has been running...
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In a certain country which uses pounds as its national currency, price inflation has been running at 15% p.a. for the last few years. Calculate the average real rate of return p.a. for an investment purchased on 1/2/2015 for £1,000 and sold on 1/8/2015 for £750. In a certain country which uses pounds as its national currency, price inflation has been running at 15% p.a. for the last few years. Calculate the average real rate of return p.a. for an investment purchased on 1/2/2015 for £1,000 and sold on 1/8/2015 for £750.
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