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Exhibit 29-3 Refer to Exhibit 29-3

Question 116

Multiple Choice

Exhibit 29-3 Exhibit 29-3 Refer to Exhibit 29-3. The real interest rate in year 1 is A) 10 percent. B) -5 percent. C) 15 percent. D) -15 percent. E) 5 percent. Refer to Exhibit 29-3. The real interest rate in year 1 is


A) 10 percent.
B) -5 percent.
C) 15 percent.
D) -15 percent.
E) 5 percent.

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