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22. The long term inflation rate average was 3.2% and an investor invested in long term corporate bonds over the same period which earned 6.1%.

22. The long term inflation rate average was 3.2% and an investor invested in long term corporate bonds over the same period which earned 6.1%. What was the average risk premium the investor earned? a. 3.1% b. 9.4% c. none of these d. 2.9% e. 9.3%

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