If your after-tax expected real interest rate is 3 percent and your expected inflation rate is 2 percent, what was the nominal interest rate on your one-year bond if you faced a tax rate of 20 percent?

A. 5.0 percent
B. 5.75 percent
C. 6.0 percent
D. 6.25 percent


Answer: D

Business

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Answer the following statement true (T) or false (F)

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Answer the following statement true (T) or false (F)

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