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A bond that pays interest annually yields a rate of return of 9.75 percent. The inflation rate for the same period is 2 percent. What

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A bond that pays interest annually yields a rate of return of 9.75 percent. The inflation rate for the same period is 2 percent. What is the real rate of return on this bond? Multiple Choice 7.60% O 4.88% 11.75% O 2.00% O 1.08%

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