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Business, 18.11.2019 23:31 rmcarde4432

Given a nominal interest rate of 6 percent, in which of the following cases would you earn the lowest after-tax real rate of interest? a. inflation is 4 percent; the tax rate is 5 percent. b. inflation is 3 percent; the tax rate is 20 percent. c. inflation is 2 percent; the tax rate is 30 percent. d. the after-tax real interest rate is the same for all of the above.

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