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26. Tri-County Hauling has bonds outstanding that pay a 6 percent coupon, have a 5.47 percent yield to maturity, and a face value of $1,000.

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26. Tri-County Hauling has bonds outstanding that pay a 6 percent coupon, have a 5.47 percent yield to maturity, and a face value of $1,000. The current rate of inflation is 3.2 percent. What is the real rate of return on these bonds? A. 0.53 percent B. 2.20 percent C. 2.27 percent D. 2.71 percent E. 2.80 percent

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