Business, 22.04.2020 18:31, Ezekielcassese

With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6%. But, if the rate of inflation was anticipated to be 4%, the bank would most likely charge the firm an annual interest rate of:A. 2 percentB. 4 percentC. 6 percentD. 10 percent

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