Abstract
Given a unital ring and a two-sided ideal of , we consider the question of determining when a unit of can be lifted to a unit of . For the wide class of separative exchange ideals , we show that the only obstruction to lifting invertibles relies on a K-theoretic condition on . This allows to extend previously known index theories to this context. Using this we can draw consequences for von Neumann regular rings and C*-algebras with real rank zero.
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