If the firm wants a real rate of 6% when inflation is 3.2%: The nominal interest

Question

If the firm wants a real rate of 6% when inflation is 3.2%: The nominal interest rate must be 9.2%. The nominal interest rate must be 2.8%. The nominal interest rate must be .53% The nominal interest rate must be 1.875%. If the firm wants a real rate of 6% when inflation is 3.2%: The nominal interest rate must be 9.2%. The nominal interest rate must be 2.8%. The nominal interest rate must be .53% The nominal interest rate must be 1.875%. The nominal interest rate must be 9.2%. The nominal interest rate must be 2.8%. The nominal interest rate must be .53% The nominal interest rate must be 1.875%. The nominal interest rate must be 9.2%.

Explanation / Answer

9.2%

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