Business, 18.10.2019 22:00 mayfieldashley2437

Suppose sally borrows $1,000 from harry for one year and agrees to pay a nominal interest rate of 9%. when she borrows the money, both she and harry expect an inflation rate of 6%. 1st attempt part 1 (0.3 point)see hint the expected real interest rate on the loan is %. part 2 (0.3 point)see hint suppose that when sally pays back the loan after one year, the actual inflation rate turns out to be 7%. the actual real interest rate on

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Suppose sally borrows $1,000 from harry for one year and agrees to pay a nominal interest rate of 9%...

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