suppose the real intrest rate is 2.5% and the inflation rate is 7% . what is the nominal intrest rate?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter8: Relationships Among Inflation, Interest Rates, And Exchange Rates
Section: Chapter Questions
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suppose the real intrest rate is 2.5% and the inflation rate is 7% . what is the nominal intrest rate?

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