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Title: A firm takes out a 2-year loan at a nominal interest rate of 7 percent. It believes that the ... Post by: JSmith1 on Dec 27, 2022 A firm takes out a 2-year loan at a nominal interest rate of 7 percent. It believes that the inflation rate will be 2 percent this year and 4 percent next year. What annual average real interest rate does the firm expect to pay?
▸ 2 percent ▸ 3 percent ▸ 4 percent ▸ 5 percent Title: A firm takes out a 2-year loan at a nominal interest rate of 7 percent. It believes that the ... Post by: Sagxar on Dec 27, 2022 Content hidden
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