kirsten3717 kirsten3717

19-07-2024
Mathematics

Answered

Suppose the real rate of return is 0.055 and expected inflation is 0.028. What is the nominal interest rate?
Instruction: Round to two decimal places. E.g., if your answer is 0.0106465 or 1.06465%, you should type ONLY the number .01, neither 0.0106465, 0.0106, nor 1.065. Otherwise, Blackboard will treat it as a wrong answer.

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