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A bond that pays interest annually yields a rate of return of 8.00 percent. The inflation rate for the same period is 3 percent. What

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A bond that pays interest annually yields a rate of return of 8.00 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond? Multiple Choice 4.85% 3.00% 2.67% 1.05% 11.00%

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