What is the average expected inflation

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Assume that expected rates of inflation over the next 5 years are 4 percent, 7 percent, 10 percent, 8 percent, and 6 percent, respectively. What is the average expected inflation rate over this 5-year period?

a. 6.5%
b. 7.5%
c. 8.0%
d. 6.0%
e. 7.0%

 

Reference no: EM13295061

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