Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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In 2020, price index is 135.4 and in 2021 price index is 145.2.
What is the inflation rate?
Select one:
a. 107.24%
b. -6.75%
c. 7.24%
d. 9.80%
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