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A bond that pays interest annually yields a rate of return of 7.25 percent. The inflation rate for the same period is 3 percent. What
A bond that pays interest annually yields a rate of return of 7.25 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
