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Can the nominal interest rate ever be negative

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Question 1. Can the nominal interest rate ever be negative? Can the real interest rate ever be negative? Please thoroughly explain.

Question 2. What is the relationship between a bond's price and its yield to maturity?

Question 3. What is a sunk cost? Should it be included in the incremental cash flows for a project? Why or why not?

Reference no: EM13852432

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