19) 19) After reading the fine print in your credit card agreement, you find that the "low" interest rate is actually an 18% APR, or 1.5% per month, what is the effective annual rate? A) 19.41% B) 18.47% c) 19.56% D) 18.82% 20) Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest 20) payments. She sold the bond after 6 months and earned a total return of 4.8% on this investment. At what price, did she sell the bond? A) $1,003.18 B) $974.28 C) s981.06 rn during a year in which the rate of C) 6.73%. D) $1,001.47 21) If a bond offers an investor l 1% in nominal retu inflation is 4%, then the investor's real return is: 21) A) 10.56%. B) 15.44%. D) 6.31%