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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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