The nominal interest rate is 6 percent, expected infl ation is 3 percent, and the tax rate is 20 percent. 582 Part Six Chapter Twenty- three What is the real after- tax return? If the nominal interest...

The nominal interest rate is 6 percent, expected infl ation is 3 percent, and the tax rate is 20 percent. 582 Part Six Chapter Twenty- three What is the real after- tax return? If the nominal interest rate and the expected infl ation rate both decrease by 2 percent, what is the real after- tax return?