If the risk-free rate of return is less than the inflation rate, the real rate of return is negative
Indicate whether the statement is true or false.
Answer: TRUE
Business
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A man borrowed 80% of the value of his home. The loan had a 9% interest rate. The first year's interest on the loan was $4,050. What was the value of the property:
A: $36,000; B: $45,000; C: $48,000; D: $56,250.
Business
Which of the following methods is used by companies to set their advertising budgets based on the industry average?
A) percentage-of-sales method B) affordable method C) competitive-parity method D) objective-and-task method E) regression method
Business