PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN: 9781337117005
Author: Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher: Cengage Learning
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Chapter 1, Problem 6FPE
Summary Introduction

To discuss: Effects of inflation on security prices, interest rates and financial planning.

Inflation is a situation of continuous rise in general price levels of an economy. Inflation rates is annual percentage change in the price levels.

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