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Business, 02.08.2019 06:30 lennyatme

Marco expects the inflation rate to be 6 percent, and he is willing to pay a real interest rate of 3 percent. jin expects the inflation rate to be 6 percent, and she is willing to lend money if she receives a real interest rate of 3 percent. if the actual inflation rate is 5 percent and the loan contract specifies a nominal interest rate of 9 percent, then:

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