Kylerocks5005 Kylerocks5005

05-04-2024
Business

contestada

If you are promised a nominal return of 12% on a one-year investment, and you expect the rate of inflation to be 3%, what real rate do you expect to earn?
A. 9.00%
B. 5.48%
C. 12.00%
D. 8.74%

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