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1.Last year, you earned a rate of return of 8.13 percent on your bond investments. During that time the inflation rate was 3.68 percent. What

1.Last year, you earned a rate of return of 8.13 percent on your bond investments. During that time the inflation rate was 3.68 percent. What is your real rate of return?

* What are the steps to calculate the real rate of return.

A.4.29 percent

B.4.45 percent

C.10.62 percent

D.11.81 percent

E.12.11 percent

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