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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
According to Business Daily, the long-run real growth rate of U.S. economy over the next five-year period will average 4 percent. In addition, the bank newsletter estimates that the average annual rate of inflation during this five-year period will be about 3 percent. What nominal rate of return would you expect on U.S. government T-bills during this period?
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