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A bond that pays interest annually yields a rate of return of 5.75 percent. The inflation rate for the same period is 3 percent. What
A bond that pays interest annually yields a rate of return of 5.75 percent. The inflation rate for the same period is 3 percent. What is the real rate of return on this bond? |
1.92 percent
8.75 percent
3.00 percent
2.67 percent
1.03 percent
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