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A bond that pays interest annually yields a rate of return of 6.00 percent. The inflation rate for the same period is 2 percent. What
A bond that pays interest annually yields a rate of return of 6.00 percent. The inflation rate for the same period is 2 percent. What is the real rate of return on this bond?
-1.04 percent
3.00 percent
2.00 percent
8.00 percent
3.92 percent
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