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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? 1.04 percent 2.42 percent 3.00 percent 4.13 percent 10.25 percent

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