Assume that you want to have 2000 in there years time and nominal interest rate is 21% and the annual inflation is 10%. How much do you need to invest now to produce k2000 in there years time
Assume that you want to have 2000 in there years time and nominal interest rate is 21% and the annual inflation is 10%. How much do you need to invest now to produce k2000 in there years time
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Assume that you want to have 2000 in there years time and nominal interest rate is 21% and the annual inflation is 10%. How much do you need to invest now to produce k2000 in there years time
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